The figure below shows the aggregate demand curve, the long-run aggregate supply curve, and the short-run aggregate supply curve in an economy. Based on the figure, if an increase in aggregate demand from AD0 to AD1 is fully anticipated, the economy will move from point A to point _____ in the short run.Figure-1
A) B
B) C
C) D
D) E
E) F
Correct Answer:
Verified
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