PRICE LEVEL à à à LRAS AD₁ Y, Y₂ Y₂ QUANTITY OF OUTPUT SRAS short-run aggregate supply has decreased. short-run aggregat
Posted: Sun Jul 03, 2022 3:42 pm
PRICE LEVEL à à à LRAS AD₁ Y, Y₂ Y₂ QUANTITY OF OUTPUT SRAS short-run aggregate supply has decreased. short-run aggregate supply has increased. aggregate demand has increased. aggregate demand has decreased. AD AD₂ Refer to Figure 33-6. Suppose the economy starts at Z. If changes occur that move the economy to a new short-run equilibrium of P, and Y₁, then it must be the case that