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Use the Following to Answer Questions

Question 64

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Use the following to answer questions .
Exhibit: AD-AS and the Inflation-Unemployment Cycle Use the following to answer questions . Exhibit: AD-AS and the Inflation-Unemployment Cycle -(Exhibit: AD-AS and the Inflation-Unemployment Cycle) At point 4, the economy is experiencing A) an inflationary gap. B) a recessionary gap. C) long-run equilibrium. D) a recovery.
-(Exhibit: AD-AS and the Inflation-Unemployment Cycle) At point 4, the economy is experiencing


A) an inflationary gap.
B) a recessionary gap.
C) long-run equilibrium.
D) a recovery.

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