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AD - AS Shocks

question 62

Multiple Choice

AD - AS Shocks AD - AS Shocks -On the graph above,suppose the economy is at point F when there is a permanent positive supply shock.The new long-run equilibrium is at point ________. A) F B) H C) I D) G E) none of the above
-On the graph above,suppose the economy is at point F when there is a permanent positive supply shock.The new long-run equilibrium is at point ________.

Definitions:

Annual Payment

A payment made once a year, often referring to the total amount paid over a twelve-month period for a particular expense.

Desired Sum

An intended total amount or goal that one aims to achieve through calculation or accumulation.

Single Sum

A financial calculation used to find the future value of a lump sum investment.

Five-Year Period

A span or timeframe that extends for five consecutive years.