Long-run price stability occurs when _____ is moving at about the same rate as _____.
A) AD; LRAS
B) AD; MRAS
C) SRAS; LRAS
D) P; V
E) all of the above

Question

Quizplus · Accepted Answer

Long-run price stability occurs when Aggregate Demand (AD) is moving at about the same rate as Long-Run Aggregate Supply (LRAS), indicating a stable economic growth without significant inflation or deflation.

Long-Run Price Stability Occurs When _____ Is Moving at About