Multiple Choice
In a self-regulating economy,inflationary and recessionary gaps produce shifts of the
A) AD curve that maintain the short-run equilibrium point.
B) AD curve that move the economy to a long-run equilibrium point.
C) SRAS curve that maintain the short-run equilibrium point.
D) SRAS curve that move the economy to a long-run equilibrium point.
Correct Answer:
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