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Use the Following Graph to Answer the Following Questions

Question 141

Multiple Choice

Use the following graph to answer the following questions.
Use the following graph to answer the following questions.    -In a typical aggregate supply and demand model,Line Y represents ________,while Line Z represents ________. A)  short-run aggregate supply; long-run aggregate supply B)  long-run aggregate supply; short-run aggregate supply C)  long-run aggregate demand; short-run aggregate supply D)  long-run aggregate supply; short-run aggregate demand E)  short-run aggregate demand; short-run aggregate supply
-In a typical aggregate supply and demand model,Line Y represents ________,while Line Z represents ________.


A) short-run aggregate supply; long-run aggregate supply
B) long-run aggregate supply; short-run aggregate supply
C) long-run aggregate demand; short-run aggregate supply
D) long-run aggregate supply; short-run aggregate demand
E) short-run aggregate demand; short-run aggregate supply

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