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    Exam 16: B: Long-Run Macroeconomic Adjustments
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    The Equilibrium Price Level and Level of Real Output Occur
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The Equilibrium Price Level and Level of Real Output Occur

Question 101

Question 101

Multiple Choice

The equilibrium price level and level of real output occur where:


A) real output is at its highest possible level.
B) exports equal imports.
C) price is at its lowest level.
D) the aggregate demand and supply curves intersect.

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