Figure 33-4 -Refer to Figure 33-4. the Short-Run Equilibrium Is Defined by Is

question 177

Multiple Choice

Figure 33-4
-Refer to Figure 33-4. The short-run equilibrium is defined by the given AD and SRAS curves. Which of the long-run aggregate-supply curves is consistent with the economy being in an expansion?

• A)LRAS₃
• B)LRAS₂
• C)LRAS₁
• D)Both LRAS₃ and LRAS₁

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Companies or entities that are responsible for delivering products from manufacturers to the final consumers or retailers.

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