Figure 12.2: -Using Figure 12.2,if Q₃ represents full employment,then a shift from AD₁ to: A) AD₂ will result in a full-employment equilibrium at point Y. B) AD₂ will close the GDP gap. C) AD₃ will take the economy past full employment to equilibrium at point Z. D) AD₃ will result in a full-employment equilibrium at point X.

Question

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The Answer of Figure 12.2: -Using Figure 12.2,if Q₃ represents full employment,then a shift from AD₁ to: A) AD₂ will result in a full-employment equilibrium at point Y. B) AD₂ will close the GDP gap. C) AD₃ will take the economy past full employment to equilibrium at point Z. D) AD₃ will result in a full-employment equilibrium at point X.