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The Diagram Below Shows an AD/AS Model for a Hypothetical

Question 86

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The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. FIGURE 24-3 Refer to Figure 24-3.A negative shock to the economy shifts the AD curve from to .At the new short-run equilibrium,the price level is ________ and real GDP is ________. A) 90; 900 B) 110; 800 C) 60; 1000 D) 60; 700 E) 90; 1250 FIGURE 24-3 Refer to Figure 24-3.A negative shock to the economy shifts the AD curve from The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. FIGURE 24-3 Refer to Figure 24-3.A negative shock to the economy shifts the AD curve from to .At the new short-run equilibrium,the price level is ________ and real GDP is ________. A) 90; 900 B) 110; 800 C) 60; 1000 D) 60; 700 E) 90; 1250 to The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A. FIGURE 24-3 Refer to Figure 24-3.A negative shock to the economy shifts the AD curve from to .At the new short-run equilibrium,the price level is ________ and real GDP is ________. A) 90; 900 B) 110; 800 C) 60; 1000 D) 60; 700 E) 90; 1250 .At the new short-run equilibrium,the price level is ________ and real GDP is ________.


A) 90; 900
B) 110; 800
C) 60; 1000
D) 60; 700
E) 90; 1250

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