Use the Figure Below to Answer the Following Question(s)

question 96

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 10-14
-The economy's initial aggregate demand (AD₀) and aggregate supply (SRAS₀ and LRAS) curves are illustrated in Figure 10-14. Which of the following is true?

• A)The profits of business firms are higher at I than J.
• B)H is a point of long-run equilibrium.
• C)Downward pressure on prices occurs at point G.
• D)Point F is consistent with long-run equilibrium.

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Failing to exercise the care that a reasonably prudent person would exhibit under similar circumstances.

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