-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If unusually bad weather leads to decreased production of wheat,corn,and other crops,at which point is the economy most likely to end up in the short run?
A) A
B) B
C) C
D) D

Question

-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If unusually bad weather leads to decreased production of wheat,corn,and other crops,at which point is the economy most likely to end up in the short run?
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

The Answer of 
-Refer to Exhibit 8-1.Assume the economy is originally in equilibrium at point A.If unusually bad weather leads to decreased production of wheat,corn,and other crops,at which point is the economy most likely to end up in the short run?
A) A 
B) B 
C) C 
D) D