Question:
The following graph shows an economy s short run aggregate
Last updated: 1/28/2024
![The following graph shows an economy s short run aggregate](https://media.kunduz.com/media/sug-question-candidate/20240128054413128693-6141383.jpg?h=512)
The following graph shows an economy s short run aggregate supply curve SRAS current equilibrium aggregate price level P and real GDP Q The economy currently has Natural Real GDP QN of 6 trillion Use this information to place the orange long run aggregate supply curve LRAS square symbols in the correct position on the graph PRICE LEVEL 0 REAL GOP Trilions of dolara REAL GDP Trillions of usag SRAS 1 above or below It LRAS The equilibrium A shown on the graph reveals that real GDP Q1 is shifting SRAS Natural Real GDP As a result wages will over time Save Continue Continue without saving