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-Refer to the Above Figure

Question 323

Multiple Choice

-Refer to the above figure. At the initial long-run equilibrium, the price level is ________, and at the new long-run equilibrium, the price level will be ________. A) 20; 45 B) 20; 40 C) 40; 45 D) 20; 20
-Refer to the above figure. At the initial long-run equilibrium, the price level is ________, and at the new long-run equilibrium, the price level will be ________.


A) 20; 45
B) 20; 40
C) 40; 45
D) 20; 20

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