Multiple Choice
Which of the following correctly describes the automatic mechanism through which the economy adjusts to long-run equilibrium?
A) the leftward shift of the short-run aggregate supply curve that occurs after a recession
B) the rightward shift of the short-run aggregate supply curve that occurs after a recession
C) the leftward shift of the aggregate demand curve that occurs after a recession
D) the rightward shift of the aggregate demand curve that occurs after a recession
E) the rightward shift of the long-run aggregate supply curve that occurs after a recession
Correct Answer:

Verified
Correct Answer:
Verified
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