Multiple Choice
Beginning in Exhibit 14A-1 from long-run equilibrium at point E₁,the aggregate demand curve shifts to AD₂ .The economy's path to a new long-run equilibrium is represented by a movement from:
A) E₃ to E₁ to E₂.
B) E₁ to E₃ to E₂.
C) E₂ to E₁ to E₂.
D) E₁ to E₂ to E₃.
Correct Answer:
Verified
Correct Answer:
Verified
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