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-In the Above Figure, If Aggregate Demand Does Not Change

Question 268

Multiple Choice

  -In the above figure, if aggregate demand does not change, the short-run equilibrium will A)  eventually adjust to a long-run equilibrium with a higher price level. B)  not adjust on its own. C)  eventually adjust to a long-run equilibrium with a lower price level. D)  None of the above answers are correct.
-In the above figure, if aggregate demand does not change, the short-run equilibrium will


A) eventually adjust to a long-run equilibrium with a higher price level.
B) not adjust on its own.
C) eventually adjust to a long-run equilibrium with a lower price level.
D) None of the above answers are correct.

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