If the aggregate demand (ADI)curve in an economy is Y = 20,000 - 20,000
,current inflation ( )equals 0.08 (8%),and potential output (Y*)equals 19,200,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%.
A) 19,200;4
B) 18,800;6
C) 18,800;4
D) 18,400;4
E) 18,400;8

Question

If the aggregate demand (ADI)curve in an economy is Y = 20,000 - 20,000 
,current inflation (  )equals 0.08 (8%),and potential output (Y*)equals 19,200,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%.
A) 19,200;4 
B) 18,800;6 
C) 18,800;4 
D) 18,400;4 
E) 18,400;8

Quizplus · Accepted Answer

The Answer of If the aggregate demand (ADI)curve in an economy is Y = 20,000 - 20,000 
,current inflation (  )equals 0.08 (8%),and potential output (Y*)equals 19,200,then in the short run,equilibrium output equals ________ and,in the long run,the inflation rate equals ________%.
A) 19,200;4 
B) 18,800;6 
C) 18,800;4 
D) 18,400;4 
E) 18,400;8

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