Multiple Choice
Refer to the given figure. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as:
A) aggregate demand shifting leftward.
B) short-run aggregate supply shifting upward.
C) short-run aggregate supply shifting downward.
D) long-run aggregate supply shifting leftward.
Correct Answer:

Verified
Correct Answer:
Verified
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