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    Principles of Macroeconomics
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    Exam 17: The Short-Run Tradeoff Between Inflation and Unemployment
  5. Question
    Figure 17-1 -Refer to Figure 17-1. If the Economy Starts at C
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Figure 17-1 -Refer to Figure 17-1. If the Economy Starts at C

Question 107

Question 107

Multiple Choice

Figure 17-1 Figure 17-1   -Refer to Figure 17-1. If the economy starts at c and 1, then in the short run, where does a decrease in aggregate demand move the economy? A)  a and 2 B)  d and 3 C)  e and 3 D)  a and 3
-Refer to Figure 17-1. If the economy starts at c and 1, then in the short run, where does a decrease in aggregate demand move the economy?


A) a and 2
B) d and 3
C) e and 3
D) a and 3

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