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  3. Study Set
    Principles of Macroeconomics Study Set 13
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    Exam 16: Inflation and Unemployment
  5. Question
    Figure 16-7 -Refer to Figure 16-7. at Point 4, the Economy Is
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Figure 16-7 -Refer to Figure 16-7. at Point 4, the Economy Is

Question 71

Question 71

Multiple Choice

Figure 16-7 Figure 16-7   -Refer to Figure 16-7. At point 4, the economy is experiencing A)  an inflationary gap. B)  a recessionary gap. C)  long-run equilibrium. D)  a recovery.
-Refer to Figure 16-7. At point 4, the economy is experiencing


A) an inflationary gap.
B) a recessionary gap.
C) long-run equilibrium.
D) a recovery.

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