Use the following to answer question 15 Figure AD AS

Last updated: 12/6/2023

Use the following to answer question 15 Figure AD AS Aggregate price level LRAS Y YpY SRAS AD AD AD Real GDP A SRAS will shift to the right B SRAS will shift to the left C AD will shift to the right D AD will shift to the left 15 Figure AD AS Suppose that initially the economy is at long run equilibrium Ther government decides to cut taxes as a result