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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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7 years ago
Based on the figure above, the economy represented above
A) will return to long-run equilibrium when the self-correcting mechanism increases aggregate demand, propelling the economy to point D.
B) will return to long-run equilibrium when contracts expire and input prices are negotiated downward.
C) will return to long-run equilibrium when the AS curve intersects point B.
D) will return to long-run equilibrium when the self-correcting mechanism increases aggregate demand, propelling the economy to point B.
E) is in long-run equilibrium.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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sgy_89 Author
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7 years ago
Thanks for your help!!
Jodias
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Yesterday
this is exactly what I needed
Marctheshark
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2 hours ago
You make an excellent tutor!
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