-In the Above Figure, If Aggregate Demand Does Not Change

question 88

Multiple Choice

-In the above figure, if aggregate demand does not change the short -run equilibrium will

• A) will not adjust on its own.
• B) eventually adjust to a long-run equilibrium with a higher price level.
• C) eventually adjust to a long-run equilibrium with a lower price level.
• D) None of the above answers are correct.

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