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Figure 112 Shows the Relationship Between the Price Level and Real

Question 56

Multiple Choice

Figure 11.2 shows the relationship between the price level and real GDP.Which of the following is the long-run equilibrium point?
Figure 11.2 shows the relationship between the price level and real GDP.Which of the following is the long-run equilibrium point? A) A point between e* and e'' B) e'' C) e* D) e' E) e


A) A point between e* and e''
B) e''
C) e*
D) e'
E) e

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