Exhibit 9-4 -Refer to Exhibit 9-4.Assume the Economy Is Currently in Long-Run

Exhibit 9-4

-Refer to Exhibit 9-4.Assume the economy is currently in long-run equilibrium with the price level equal to P₃.If foreigners begin to buy more U.S.goods,the economy will,in the short run,move to which of the following equilibrium combinations of price level and Real GDP?

A) P₂, Q₄.
B) P₃, Q₃.
C) P₄, Q₂.
D) P₄, Q₄.
E) P₅, Q₃.