Multiple Choice
Exhibit 11-6
-In Exhibit 11-6, long-run equilibrium would be established by
A) an increase in short-run aggregate supply to remove the expansionary gap
B) a decrease in short-run aggregate supply to remove the expansionary gap
C) a decrease in short-run aggregate supply to remove the contractionary gap
D) an increase in short-run aggregate supply to remove the contractionary gap
E) a leftward shift of the aggregate demand curve
Correct Answer:

Verified
Correct Answer:
Verified
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