Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A) P1 and Y2.
B) P3 and Y2.
C) P2 and Y1.
D) P3 and Y1.

Question

Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be: 
A) P1 and Y2. 
B) P3 and Y2. 
C) P2 and Y1. 
D) P3 and Y1.

Quizplus · Accepted Answer

The Answer of Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be: 
A) P1 and Y2. 
B) P3 and Y2. 
C) P2 and Y1. 
D) P3 and Y1.

Using Figure 1 Above, If the Aggregate Demand Curve Shifts