Exhibit 14A-1 Aggregate Demand and Supply Model

question 122

Multiple Choice

Exhibit 14A-1 Aggregate demand and supply model

Beginning from short-run equilibrium at point E₂ in Exhibit 10A-1, the economy's movement to a new position of long-run equilibrium would best be described as:

• A) a movement along the AD ₂ curve with a shift in the SRAS ₁ curve.
• B) a movement along the SRAS ₂ curve with a shift in the AD ₂ curve.
• C) a shift in the LRAS curve to an intersection at E ₁ .
• D) no shift of any kind.

---

Definitions:

Resistance Training

A form of exercise that improves strength and endurance by exercising muscles against a resistance, like weights.

Triglycerides

A type of fat (lipid) found in your blood that the body uses for energy, but high levels can increase the risk of heart disease.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels.

Vasculature

The arrangement or system of blood vessels in an organism.