Multiple Choice
Refer to the figure below. 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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