Exhibit 10-6
-In Exhibit 10-6,long-run equilibrium would be established by
A)an increase in short-run aggregate supply to remove the expansionary gap
B)a decrease in short-run aggregate supply to remove the expansionary gap
C)a decrease in short-run aggregate supply to remove the contractionary gap
D)an increase in short-run aggregate supply to remove the contractionary gap
E)a leftward shift of the aggregate demand curve

Question

Exhibit 10-6 
-In Exhibit 10-6,long-run equilibrium would be established by
A)an increase in short-run aggregate supply to remove the expansionary gap 
B)a decrease in short-run aggregate supply to remove the expansionary gap 
C)a decrease in short-run aggregate supply to remove the contractionary gap 
D)an increase in short-run aggregate supply to remove the contractionary gap 
E)a leftward shift of the aggregate demand curve

Quizplus · Accepted Answer

The Answer of Exhibit 10-6 
-In Exhibit 10-6,long-run equilibrium would be established by
A)an increase in short-run aggregate supply to remove the expansionary gap 
B)a decrease in short-run aggregate supply to remove the expansionary gap 
C)a decrease in short-run aggregate supply to remove the contractionary gap 
D)an increase in short-run aggregate supply to remove the contractionary gap 
E)a leftward shift of the aggregate demand curve

Exhibit 10-6 -In Exhibit 10-6,long-Run Equilibrium Would Be Established by