Refer to Table 10.3.2, which shows the aggregate demand and aggregate su...

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Table 10.3.2

Refer to Table 10.3.2, which shows the aggregate demand and aggregate supply schedules. Potential GDP is $7 trillion. When the economy is at its short-run macroeconomic equilibrium, which of the following statements is correct?

The long-run aggregate supply curve will shift eventually shift leftward for the economy to return to full employment.

0%

The unemployment rate is above the natural unemployment rate.

0%

The money wage rate will rise.

0%

The unemployment rate is below the natural unemployment rate.

❌✨

Potential GDP will eventually increase.

0%

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