lung lentward. 15. Start at point C (long-run equilibrium). The economy experiences a negative inflation shock. The result is that inflation rises from IT to I'. If the economy is allowed to self-correct, the negative inflation shock will move the short-run equilibrium to point Long-run equilibrium will eventually move to point LRAS Inflation A B SRAS C SRAS AD AD Output A. A; B B. A; C C. B; A D. B; C