Figure 15-4 -In Figure 15-4,if a Is the Initial Equilibrium Point and Equilibrium

question 57

Multiple Choice

Figure 15-4
-In Figure 15-4,if A is the initial equilibrium point and there is an unanticipated rise in aggregate demand from A D₁ to A D₂,then

• A)the new short run equilibrium will be at point B.
• B)the new long run equilibrium will be at point B.
• C)the new short run equilibrium will be at point D.
• D)real GDP per year will fall below Q₁.

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