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Exhibit 10.2 -Refer to Exhibit 10.2, Which Shows the Short-Run Aggregate Supply

Question 151

Multiple Choice

Exhibit 10.2
Exhibit 10.2 -Refer to Exhibit 10.2, which shows the short-run aggregate supply curve of an economy. If the economy is currently producing at Y₂, long-run equilibrium will most likely be established by a(n) _____ A) increase in short-run aggregate supply. B) decrease in short-run aggregate supply. C) decrease in potential output. D) increase in potential output. E) rightward shift of the aggregate demand curve.
-Refer to Exhibit 10.2, which shows the short-run aggregate supply curve of an economy. If the economy is currently producing at Y₂, long-run equilibrium will most likely be established by a(n) _____


A) increase in short-run aggregate supply.
B) decrease in short-run aggregate supply.
C) decrease in potential output.
D) increase in potential output.
E) rightward shift of the aggregate demand curve.

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