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Refer to the Figure Below

Question 118

Multiple Choice

Refer to the figure below. Refer to the figure below. Based on the figure, when PAE = 400 + 0.5Y, short-run equilibrium output equals: A) 1,200. B) 400. C) 600. D) 800. Based on the figure, when PAE = 400 + 0.5Y, short-run equilibrium output equals:


A) 1,200.
B) 400.
C) 600.
D) 800.

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