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Use the Following Graph to Answer the Following Questions

Question 137

Multiple Choice

Use the following graph to answer the following questions.
Use the following graph to answer the following questions.    -If point A occurs chronologically before point B,which situation would be depicted? A)  an increase in aggregate demand and a decrease in long-run aggregate supply B)  a decrease in aggregate demand and a decrease in long-run aggregate supply C)  an increase in aggregate demand and an increase in long-run aggregate supply D)  a decrease in aggregate demand and an increase in long-run aggregate supply E)  a decrease in aggregate demand and a decrease in short-run aggregate supply
-If point A occurs chronologically before point B,which situation would be depicted?


A) an increase in aggregate demand and a decrease in long-run aggregate supply
B) a decrease in aggregate demand and a decrease in long-run aggregate supply
C) an increase in aggregate demand and an increase in long-run aggregate supply
D) a decrease in aggregate demand and an increase in long-run aggregate supply
E) a decrease in aggregate demand and a decrease in short-run aggregate supply

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