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-Identify the 3 Curves in the Above Figure

Question 361

Multiple Choice

  -Identify the 3 curves in the above figure. A)  (1)  is long-run aggregate supply, (2)  is short-run aggregate supply, (3)  is aggregate demand. B)  (1)  is aggregate demand, (2)  is short-run aggregate supply, (3)  is long-run aggregate supply. C)  (1)  is short-run aggregate supply, (2)  is long-run aggregate supply, (3)  is aggregate demand. D)  (1)  is long-run aggregate supply, (2)  is aggregate demand, (3)  is short-run aggregate supply.
-Identify the 3 curves in the above figure.


A) (1) is long-run aggregate supply, (2) is short-run aggregate supply, (3) is aggregate demand.
B) (1) is aggregate demand, (2) is short-run aggregate supply, (3) is long-run aggregate supply.
C) (1) is short-run aggregate supply, (2) is long-run aggregate supply, (3) is aggregate demand.
D) (1) is long-run aggregate supply, (2) is aggregate demand, (3) is short-run aggregate supply.

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