Consider the Exhibit Below for the Following Questions

question 5

Multiple Choice

Consider the exhibit below for the following questions.
Figure 33-1
-Refer to Figure 33-1.The economy would be moving to long-run equilibrium if it started at

• A) A and moved to B.
• B) C and moved to B.
• C) D and moved to C.
• D) None of the above is correct.

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Definitions:

Income Distribution

How total earnings are distributed across individuals or households within an economy.

Equal Slices

A method of dividing or allocating resources, goods, or profits evenly among all parties or members.

Corporate Stock Holdings

The shares of a corporation held by an individual, group, or another corporation, representing ownership interests.

Household Income

The total pre-tax earnings received by members of a household from all sources in a given period.