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Title: Suppose the economy is at a short-run equilibrium GDP that lies below potential GDP. Which of the fo Post by: Tidy on Jun 22, 2015 Suppose the economy is at a short-run equilibrium GDP that lies below potential GDP. Which of the following will occur because of the automatic mechanism adjusting the economy back to potential GDP?
A) Output will decrease. B) Prices will increase. C) Unemployment will rise. D) Short-run aggregate supply will shift to the right. Title: Re: Suppose the economy is at a short-run equilibrium GDP that lies below potential GDP. Which of th Post by: Smoooth on Jul 11, 2015 Content hidden
Title: Re: Suppose the economy is at a short-run equilibrium GDP that lies below potential GDP. Which of the fo Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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