sten What happens in the long run (to prices and the LM curve) if output is above potential output? over time, prices will fall and the LM will shift the right over time, prices will rise and the LM will shift the left nothing happens any of the options listed above could happen depending on the circumstance

sten What happens in the long run (to prices and the LM curve) if output is above potential output? over time, prices will fall and the LM will shift the right over time, prices will rise and the LM will shift the left nothing happens any of the options listed above could happen depending on the circumstance

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 2WNG

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