The Figure Given Below Represents the Long-Run Equilibrium in the Aggregate

question 8

Multiple Choice

The figure given below represents the long-run equilibrium in the aggregate demand and aggregate supply model. Figure 8.2 Refer to Figure 8.2.The combination of rising prices and falling output is known as stagflation.This phenomenon is represented by which of the following shifts?

• A) to
• B) to
• C) to
• D) to
• E)The combination of to and to

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