A movement from point LRAS₁ to LRAS₂ in Figure 17.6 indicates that A)Aggregate demand has decreased. B)The price level has increased. C)The capacity of the economy has increased.

Question

Quizplus · Accepted Answer

The Answer of A movement from point LRAS₁ to LRAS₂ in Figure 17.6 indicates that A)Aggregate demand has decreased. B)The price level has increased. C)The capacity of the economy has increased.

A Movement from Point LRAS1 to LRAS2 in Figure 17

A Movement from Point LRAS₁ to LRAS₂ in Figure 17