Exhibit 15-4

-Refer to the graph in the exhibit.Suppose the economy is initially at point c, and aggregate demand decreases.What point would the economy move toward in the long run assuming, a passive policy?
A) toward point a
B) toward point b
C) toward point d
D) toward point f

Question

Exhibit 15-4
 
-Refer to the graph in the exhibit.Suppose the economy is initially at point c, and aggregate demand decreases.What point would the economy move toward in the long run assuming, a passive policy?  
A) toward point a 
B) toward point b 
C) toward point d 
D) toward point f

Quizplus · Accepted Answer

The Answer of Exhibit 15-4
 
-Refer to the graph in the exhibit.Suppose the economy is initially at point c, and aggregate demand decreases.What point would the economy move toward in the long run assuming, a passive policy?  
A) toward point a 
B) toward point b 
C) toward point d 
D) toward point f

Exhibit 15-4 -Refer to the Graph in the Exhibit.Suppose the Economy Is