An economy starts out in short-run and long-run equilibrium. If both short-run
and long-run aggregate supply decrease, so that the economy remains in
equilibrium:
![An economy starts out in shortrun and longrun equilibrium If both shortrun and longrun aggregate supply decrease so that the economy remains in equilibrium class=](https://us-static.z-dn.net/files/d7a/1ec72e2de5f5fa2d9db523366e51d514.png)