If the aggregate demand (ADI)curve in an economy is Y = 10,000 - 10,000
,current inflation ( )equals 0.07 (7%),and potential output (Y*)equals 9,500,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%
A) 9,700;3
B) 9,500;5
C) 9,500;7
D) 9,300;5
E) 9,300;7

Question

If the aggregate demand (ADI)curve in an economy is Y = 10,000 - 10,000 
,current inflation (  )equals 0.07 (7%),and potential output (Y*)equals 9,500,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%
A) 9,700;3 
B) 9,500;5 
C) 9,500;7 
D) 9,300;5 
E) 9,300;7

Quizplus · Accepted Answer

The Answer of If the aggregate demand (ADI)curve in an economy is Y = 10,000 - 10,000 
,current inflation (  )equals 0.07 (7%),and potential output (Y*)equals 9,500,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%
A) 9,700;3 
B) 9,500;5 
C) 9,500;7 
D) 9,300;5 
E) 9,300;7

If the Aggregate Demand (ADI)curve in an Economy Is Y