Multiple Choice
-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. Lotus Land is in short-run macroeconomic equilibrium. In the long run, if aggregate demand does not change, then Lotus Land will return to full employment as
A) the money wage rate rises.
B) the money wage rate falls.
C) businesses cut their imports.
D) the government cuts taxes.
Correct Answer:

Verified
Correct Answer:
Verified
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