Figure 20-2.
-Refer to Figure 20-2. Starting from point B and assuming that aggregate demand is held constant, in the long run the economy is likely to experience
A)a falling price level and a falling level of output.
B)a falling price level and a rising level of output.
C)a rising price level and a falling level of output.
D)a rising price level and a rising level of output.

Question

Figure 20-2. 
-Refer to Figure 20-2. Starting from point B and assuming that aggregate demand is held constant, in the long run the economy is likely to experience
A)a falling price level and a falling level of output. 
B)a falling price level and a rising level of output. 
C)a rising price level and a falling level of output. 
D)a rising price level and a rising level of output.

Quizplus · Accepted Answer

The Answer of Figure 20-2. 
-Refer to Figure 20-2. Starting from point B and assuming that aggregate demand is held constant, in the long run the economy is likely to experience
A)a falling price level and a falling level of output. 
B)a falling price level and a rising level of output. 
C)a rising price level and a falling level of output. 
D)a rising price level and a rising level of output.

Figure 20-2. -Refer to Figure 20-2. Starting from Point B and Assuming