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Figure 15.2 -Refer to Figure 15.2. If the Economy Is Currently at Currently

Question 48

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  Figure 15.2 -Refer to Figure 15.2. If the economy is currently at Point D producing output level Y<sub>2</sub>: A)  aggregate supply shifts to the left and the economy ends up at Point E. B)  the economy is operating above full employment. C)  input prices are likely to fall eventually. D)  the economy will experience inflation. Figure 15.2
-Refer to Figure 15.2. If the economy is currently at Point D producing output level Y2:


A) aggregate supply shifts to the left and the economy ends up at Point E.
B) the economy is operating above full employment.
C) input prices are likely to fall eventually.
D) the economy will experience inflation.

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