Figure 16-3
-Refer to the Figure 16-3.Starting from c and 3,where does an increase in aggregate demand move the economy to,in the short run and the long run?
A) a and 1 in the short run,b and 2 in the long run
B) b and 2 in the short run,a and 1 in the long run
C) d and 4 in the short run,e and 5 in the long run
D) d and 2 in the short run,a and 5 in the long run

Question

Figure 16-3 
-Refer to the Figure 16-3.Starting from c and 3,where does an increase in aggregate demand move the economy to,in the short run and the long run?
A) a and 1 in the short run,b and 2 in the long run 
B) b and 2 in the short run,a and 1 in the long run 
C) d and 4 in the short run,e and 5 in the long run 
D) d and 2 in the short run,a and 5 in the long run

Quizplus · Accepted Answer

The Answer of Figure 16-3 
-Refer to the Figure 16-3.Starting from c and 3,where does an increase in aggregate demand move the economy to,in the short run and the long run?
A) a and 1 in the short run,b and 2 in the long run 
B) b and 2 in the short run,a and 1 in the long run 
C) d and 4 in the short run,e and 5 in the long run 
D) d and 2 in the short run,a and 5 in the long run

Figure 16-3 -Refer to the Figure 16-3.Starting from C and 3,where Does