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Question 131

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Use the following to answer questions .
Exhibit: Long-run Equilibrium Use the following to answer questions . Exhibit: Long-run Equilibrium -(Exhibit: Long-run Equilibrium) The potential output in this economy is A) $6,000 billion at a price level of 1.08. B) $7,000 billion at a price level of 1.12. C) $7, 100 billion at a price level of 1.16. D) $7,056 billion at a price level of 1.08.
-(Exhibit: Long-run Equilibrium) The potential output in this economy is


A) $6,000 billion at a price level of 1.08.
B) $7,000 billion at a price level of 1.12.
C) $7, 100 billion at a price level of 1.16.
D) $7,056 billion at a price level of 1.08.

Correct Answer:

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