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    Essentials of Economics Study Set 2
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    Exam 15: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    Figure 15-3 -Refer to Figure 15-3.Which of the Points in the Above
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Figure 15-3 -Refer to Figure 15-3.Which of the Points in the Above

Question 123

Question 123

Multiple Choice

Figure 15-3
Figure 15-3    -Refer to Figure 15-3.Which of the points in the above graph are possible short-run equilibria but not long-run equilibria? Assume that Y₁ represents potential GDP. A)  A and B B)  A and C C)  C and D D)  B and D
-Refer to Figure 15-3.Which of the points in the above graph are possible short-run equilibria but not long-run equilibria? Assume that Y₁ represents potential GDP.


A) A and B
B) A and C
C) C and D
D) B and D

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