Shifts in ______ can return the economy to long-run equilibrium.
A)the AD curve only
B)the AS curve only
C)either the AD curve or the AS curve
D)the PAE line only

Name: Shifts in ______ can return the economy to long-run equilibrium. A)the AD curve only B)the AS curve only C)either the AD curve or the AS curve D)the PAE line only
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Question

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Both the Aggregate Demand (AD) curve and the Aggregate Supply (AS) curve can shift to return the economy to long-run equilibrium by adjusting output and price levels.

Shifts in ______ Can Return the Economy to Long-Run Equilibrium