In the Self-Correcting AD-AS Model, the Economy's Short-Run Equilibrium Position

question 50

Multiple Choice

In the self-correcting AD-AS model, the economy's short-run equilibrium position is indicated by the intersection of which two curves?

• A) Short-run aggregate supply and long-run aggregate supply.
• B) Short-run aggregate supply and aggregate demand.
• C) Long-run aggregate supply and aggregate demand.
• D) Long-run aggregate demand and short-run personal consumption expenditures curve.
• E) Short-run aggregate demand and long-run personal consumption expenditures curve.

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