Figure 10-18

-Beginning in Figure 10-18 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
A)E₃ to E₁ to E₂.
B)E₁ to E₃ to E₂.
C)E₂ to E₁ to E₂.
D)E₁ to E₂ to E₃.

Question

Figure 10-18
 
-Beginning in Figure 10-18 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
A)E₃ to E₁ to E₂. 
B)E₁ to E₃ to E₂. 
C)E₂ to E₁ to E₂. 
D)E₁ to E₂ to E₃.

Quizplus · Accepted Answer

The Answer of Figure 10-18
 
-Beginning in Figure 10-18 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
A)E₃ to E₁ to E₂. 
B)E₁ to E₃ to E₂. 
C)E₂ to E₁ to E₂. 
D)E₁ to E₂ to E₃.

Figure 10-18 -Beginning in Figure 10-18 from Long-Run Equilibrium at Point E₁,the