The Figure Below Shows the Short-Run Aggregate Supply of an Economy.Which

question 16

Multiple Choice

The figure below shows the short-run aggregate supply of an economy.Which of the following is likely to be true if the actual price level in this figure exceeds the expected price level?​ ​
Figure 10.1

• A)Equilibrium output will be Y₂ in the short run.
• B)Equilibrium output will be Y₁ in the short run.
• C)The actual unemployment rate is below the natural rate.
• D)Potential output is greater than actual output.
• E)The actual price level is less than the equilibrium price level.

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