$$\begin{array} { | l | l | l | l | }
\hline \begin{array} { l }
\text { Price } \
\text { level }
\end{array} & \begin{array} { l }
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l }
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l }
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-From the data in the above table, when the economy is at its short -run equilibrium, if aggregate demand does not change, then as time passes the
A) long-run aggregate supply curve shifts rightward.
B) short-run aggregate supply curve shifts rightward.
C) long-run aggregate supply curve shifts leftward.
D) short-run aggregate supply curve shifts leftward.

Question

$$\begin{array} { | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Price } \
\text { level }
\end{array} & \begin{array} { l } 
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-From the data in the above table, when the economy is at its short -run equilibrium, if aggregate demand does not change, then as time passes the
A) long-run aggregate supply curve shifts rightward.
B) short-run aggregate supply curve shifts rightward.
C) long-run aggregate supply curve shifts leftward.
D) short-run aggregate supply curve shifts leftward.

Quizplus · Accepted Answer

The Answer of $$\begin{array} { | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Price } \
\text { level }
\end{array} & \begin{array} { l } 
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-From the data in the above table, when the economy is at its short -run equilibrium, if aggregate demand does not change, then as time passes the
A) long-run aggregate supply curve shifts rightward.
B) short-run aggregate supply curve shifts rightward.
C) long-run aggregate supply curve shifts leftward.
D) short-run aggregate supply curve shifts leftward.

-From the Data in the Above Table, When the Economy