6000 5900 Line PAE-500+9Y 5500 5450 5000 500 45 5000 5500 6000 :Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrium output equals 5000 a O 5450 .b O ,5500 .cO 5900 d O

6000 5900 Line PAE-500+9Y 5500 5450 5000 500 45 5000 5500 6000 :Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrium output equals 5000 a O 5450 .b O ,5500 .cO 5900 d O

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter24: The Aggregate Demand/aggregate Supply Model

Section: Chapter Questions

Problem 4SCQ: In the AD/AS model, what prevents the economy from achieving equilibrium at potential output?

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Question

PAE
Expenditure
Line
PAE-500+.9Y
6000
5900
5500
5450
5000
500
45
5000 5500 6000
:Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrium output equals
اختر أحد الخيارات
5000 a O
5450 b O
5500 .c O
5900 d O

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