Business, 02.07.2019 01:10 sti192

In the year 2000, the country of economika was in long-run macroeconomic equilibrium. the full-employment level of gdp in 2000 was $5 billion. in 2001, the following events occurred. (1) growth in factors of production and technology caused potential gdp to rise to $6 billion. (2) consumers became more pessimistic about the future, and thus aggregate demand growth was not large. (3) there was a sharp and unexpected increase in the price of oil. the lras curve will ▼ remain unchanged shift right shift left . the sras curve will ▼ shift right shift left remain unchanged . the ad curve will ▼ shift right shift left remain unchanged .

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In the year 2000, the country of economika was in long-run macroeconomic equilibrium. the full-emplo...

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