AP/ECON 1010 A Introduction to Macroeconomics (S1 2025) Graded Quiz 4 (Ch. 9 & 11) Available May 30 Due June 6

Figure 6.4.b Figure 6.4.b shows an AS-AD model with initial equilibrium at point G, the intersection of AD0 AD_0 and SAS0 SAS_0 . When a positive demand shock hits the economy, a new short-run equilib...