The figure below shows the short-run aggregate demand and supply curves of an economy.If the economy is currently producing at Y₂,long-run equilibrium will most likely be established by a(n): Figure 10.2 A)increase in short-run aggregate supply. B)decrease in short-run aggregate supply. C)decrease in potential output. D)increase in potential output. E)rightward shift of the aggregate demand curve.

Question

Quizplus · Accepted Answer

The Answer of The figure below shows the short-run aggregate demand and supply curves of an economy.If the economy is currently producing at Y₂,long-run equilibrium will most likely be established by a(n): Figure 10.2 A)increase in short-run aggregate supply. B)decrease in short-run aggregate supply. C)decrease in potential output. D)increase in potential output. E)rightward shift of the aggregate demand curve.

The Figure Below Shows the Short-Run Aggregate Demand and Supply