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What happens to the economy in the long run when a supply shock disrupts equilibrium? Multiple choice question. The economy returns to AD equilibrium as
What happens to the economy in the long run when a supply shock disrupts equilibrium? Multiple choice question. The economy returns to AD equilibrium as prices adjust. The economy returns to LR equilibrium as prices adjust. The economy returns to LR equilibrium as output adjusts. The economy reacts to inflation as the SRAS adjust
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
