Refer to the Information Provided in Figure 11

question 69

Multiple Choice

Refer to the information provided in Figure 11.8 below to answer the questions that follow. Figure 11.8
-Refer to Figure 11.8. If the economy is currently at Point D producing output level Y₂, which of the following is not true?

• A) The economy is operating below full employment.
• B) Input prices are likely to fall.
• C) Aggregate supply shifts to the right and the economy ends up at Point E.
• D) The economy is operating above full employment.