Beginning in Exhibit 14A.10 from long-run equilibrium at point E1, the aggregate demand curve shifts to AD2. The economy’s path to a new long-run equilibrium is represented by a movement from a. E3 to...



Beginning in Exhibit 14A.10 from long-run


equilibrium at point E1, the aggregate demand


curve shifts to AD2. The economy’s path to a new


long-run equilibrium is represented by a movement


from


a. E3 to E1 to E2.


b. E1 to E3 to E2.


c. E2 to E1 to E2.


d. E1 to E2 to E3.



May 26, 2022
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