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.
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