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    Macroeconomics Study Set 41
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    Exam 3: Demand and Supply
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    If the Price of a CD Is Equal to the Equilibrium
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If the Price of a CD Is Equal to the Equilibrium

Question 149

Question 149

Multiple Choice

If the price of a CD is equal to the equilibrium price, there will be___________ of CDs and the price will__________ .


A) surplus; fall
B) surplus; rise
C) shortage; fall
D) neither a shortage nor surplus; not change

Correct Answer:

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