Use the following to answer question 29 Figure An Increase

Last updated: 12/10/2023

Use the following to answer question 29 Figure An Increase in Aggregate Demand Price level P3 P P LRAS SRAS Y Yp Y SRAS AD Real GDP AD 29 Figure An Increase in Aggregate Demand Because of the pressures existing at the short run equilibrium at Y and P A the SRAS will shift to the right B the SRAS curve will shift to the left C unemployment will decrease D LRAS will shift to the right