Refer to Scenario 33-2. In the long run, the change in price expectations created by the rise in stock prices

A) long-run aggregate supply right.
B) long-run aggregate supply left.
C) short-run aggregate supply right.
D) short-run aggregate supply left.

Price Expectations

The anticipations of consumers, businesses, and investors about future price levels, which can influence current economic decisions and behaviors.

Long-Run Aggregate Supply

The total supply of goods and services that a country's economy can produce over time when all inputs are fully utilized.

Stock Prices

The market price at which shares of public companies are bought and sold, reflecting the value that investors place on these companies.