Exhibit 14A-1 Aggregate demand and supply model Beginning in Exhibit 14A-1 from long-run equilibrium at point E₁, the aggregate demand curve shifts to AD₂ . The economy's path to a new long-run equilibrium is represented by a movement from:

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The Answer of Exhibit 14A-1 Aggregate demand and supply model Beginning in Exhibit 14A-1 from long-run equilibrium at point E₁, the aggregate demand curve shifts to AD₂ . The economy's path to a new long-run equilibrium is represented by a movement from:

Exhibit 14A-1 Aggregate Demand and Supply Model Beginning in Exhibit