Exhibit 10.9
-Refer to Exhibit 10.9, which shows the long-run equilibrium in the aggregate demand-aggregate supply model. Which of the following changes is depicted by the movement from Y₁ to Y₂?
A) an increase in long-run aggregate supply
B) an increase in short-run aggregate supply
C) a decrease in short-run aggregate supply
D) a decrease in long-run aggregate supply
E) an increase in the aggregate quantity demanded
Correct Answer:
Verified
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