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    Principles of Economics Study Set 1
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    Exam 27: Aggregate Demand, Aggregate Supply, and Inflation
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    Refer to the Given Figure
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Refer to the Given Figure

Question 53

Question 53

Multiple Choice

Refer to the given figure. Refer to the given figure.   ________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________.  A) Rising; A; C B) Falling; A; C C) Rising; A D) Falling; B: C ________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 


A) Rising; A; C
B) Falling; A; C
C) Rising; A
D) Falling; B: C

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