The Figure Below Shows the Short-Run Aggregate Demand and Supply

question 139

Multiple Choice

The figure below shows the short-run aggregate demand and supply curves of an economy.If the economy is currently producing at Y₂,long-run equilibrium will most likely be established by a(n) :​ ​
Figure 10.2

• A)increase in short-run aggregate supply.
• B)decrease in short-run aggregate supply.
• C)decrease in potential output.
• D)increase in potential output.
• E)rightward shift of the aggregate demand curve.

---

Definitions:

Property Contributed

refers to assets or properties given to an entity, such as a charity or a business, by an individual or another entity.

Fiscal Year-end

The last day of a company's accounting period, which is used for financial reporting and tax purposes.

Corporate Tax Return

A corporate tax return, often filed using Form 1120, is required for corporations and details the income, gains, losses, deductions, and credits from the corporation's operations.

Foreign Subsidiaries

Companies that are partially or wholly owned by a parent company but are located in a different country.