Refer to the Figure Below

question 59

Multiple Choice

Refer to the figure below.Long-run equilibrium in this economy:

• A)will be impossible to achieve.
• B)could occur if AD shifts downward to the left.
• C)could occur if AS shifts downward and to the right.
• D)will occur only if AD shifts upward to the right.

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Definitions:

Percentage

A numerical or mathematical way to express a part of a whole or a fraction of something in terms of 100.

Leading Cause

The primary factor or condition that dominates in bringing about an effect, such as a disease or social issue.

Disease

A condition that impairs normal functioning and is typically characterized by specific signs and symptoms.

United States

A country located primarily in North America, consisting of 50 states and a federal district, known for its significant impact on global culture, economy, and politics.