Refer to the Following Aggregate Demand-Aggregate Supply Diagram

question 32

Multiple Choice

refer to the following aggregate demand-aggregate supply diagram

-If aggregate demand is given by AD₂,the economy will:

• A)achieve the full-employment level of output in the short run
• B)fall short of the full-employment level of output
• C)exceed the full-employment level of output in the short run
• D)experience frictional unemployment but not cyclical unemployment

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