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The Government of countryA reduces the number of infrastructure construction. The AD-AS model predicts that in the short-run, AD curve? shifts to the left shifts
The Government of countryA reduces the number of infrastructure construction.
The AD-AS model predicts that in the short-run, AD curve?
shifts to the left
shifts to the right
remains unchanged
AS curve?
shifts to the left
remains unchanged
shifts to the right
Output?
remains unchanged
increases
decreases
and price in the short-run?
increases
decreases
remains unchanged
Compared to the original equilibrium, output
remains unchanged
increases
decreases
and price in the long-run equilibrium?
remains unchanged
decreases
increases
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