LRAS P SRAS A - AD Y Yp For this graph, the y-axis is labeled P and the x-axis is labeled Y. In roughly the middle of the graph, there is a vertical line labeled LRAS. Where the LRAS meets the x-axis, that point is labeled Yp. Starting near the origin and rising to the right is a second line, labeled SRAS. A third line, labeled AD, starts near the middle of the y-axis and slopes downward to the right, toward the x-axis. The AD intersects the SRAS at point A, which is to the left of the LRAS. From point A, there is a dashed horizontal line running to the y-axis, where it is labeled PA. A dashed vertical line runs from point A to the x-axis, where it is labeled YA- The above graph represents an economy in a(n) [ Select ] . This will result in labor market [ Select ] , putting [ Select ] v pressure on wages moving the [ Select ] aggregate supply curve to the [ Select ]