At points on the short-run aggregate supply curve, but to the right of the long-run aggregate supply curve, resources are:

A. underutilized, making it more likely that the short-run aggregate supply curve will shift down (to the right).
B. overutilized, making it more likely that the short-run aggregate supply curve will shift down (to the right).
C. overutilized, making it more likely that the short-run aggregate supply curve will shift up (to the left).
D. underutilized, making it more likely that the short-run aggregate supply curve will shift up (to the left).


Answer: C

Economics

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