Multiple Choice
If the aggregate demand (ADI) curve in an economy is Y = 10,000 - 10,000
,current inflation ( 11ec9ae2_bd79_1ce7_a39a_a9c7bc0c6307_TB34225555_11 ) equals 0.05 (5%) ,and potential output (Y*) equals 9,700,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%
A) 9,700;3
B) 9,700;5
C) 9,500;3
D) 9,500;5
E) 9,300;3
Correct Answer:

Verified
Correct Answer:
Verified
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