Use the following to answer questions . Exhibit: Long-run Equilibrium -(Exhibit: Long-run Equilibrium) Changes in aggregate demand from AD₁ to either AD₂ or AD₃ A) will change nominal GDP but will not change real GDP in the long run. B) will change real GDP but will not change nominal GDP in the long run. C) will change the potential level of real GDP. D) will change the price level and real GDP.

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In the long run, the economy is at full employment, and changes in aggregate demand affect only the price level, not real GDP, which remains at its potential level.

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