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Refer to the Figure Below

Question 1

Multiple Choice

Refer to the figure below._____ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ____ to long-run equilibrium at point ____. Refer to the figure below._____ 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


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

Correct Answer:

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