Figure 11.2 shows the relationship between the price level and real GDP.Which of the following is the long-run equilibrium point?
Figure 11.2

A)A point between e* and e''
B)e''
C)e*
D)e'

Question

Figure 11.2 shows the relationship between the price level and real GDP.Which of the following is the long-run equilibrium point?​ ​
Figure 11.2​

A)A point between e* and e'' 
B)e'' 
C)e* 
D)e'

Quizplus · Accepted Answer

The Answer of Figure 11.2 shows the relationship between the price level and real GDP.Which of the following is the long-run equilibrium point?​ ​
Figure 11.2​

A)A point between e* and e'' 
B)e'' 
C)e* 
D)e'

Figure 112 Shows the Relationship Between the Price Level and Real