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    Macroeconomics Study Set 46
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    Exam 24: Aggregate Demand and Aggregate Supply
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    In the Short Run, Real GDP Can Be Greater Than
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In the Short Run, Real GDP Can Be Greater Than

Question 23

Question 23

Multiple Choice

In the short run, real GDP can be greater than or less than potential GDP because in the short run the


A) quantity of capital is fixed.
B) money wage rate is fixed.
C) price level is fixed.
D) full- employment level of employment is fixed.

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