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-In the Figure Above, the Economy Is at Point a When

Question 380

Multiple Choice

-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to A) $12.0 trillion. B) $11.5 trillion. C) $12.5 trillion. D) None of the above answers is correct.
-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to


A) $12.0 trillion.
B) $11.5 trillion.
C) $12.5 trillion.
D) None of the above answers is correct.

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