Multiple Choice
Refer to the following figure to answer the next five questions.
-Based on the figure,if the economy starts at point A and ends up at point E,then in the short run,there was:
A) a decrease in aggregate demand.
B) an increase in aggregate demand.
C) a decrease in short-run aggregate supply.
D) an increase in short-run aggregate supply.
E) an increase in long-run aggregate supply.
Correct Answer:
Verified
Correct Answer:
Verified
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