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    Macroeconomics Principles Study Set 1
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    Exam 14: Macroeconomic Policy: Challenges in a Global Economy
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    (Figure: Determining Long-Run and Short-Run Economic Shifts) Starting at Point
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(Figure: Determining Long-Run and Short-Run Economic Shifts) Starting at Point

Question 27

Question 27

Multiple Choice

(Figure: Determining Long-Run and Short-Run Economic Shifts) Starting at point J, the economy will move to point _____ in the short run if policymakers successfully reduce aggregate demand. (Figure: Determining Long-Run and Short-Run Economic Shifts)  Starting at point J, the economy will move to point _____ in the short run if policymakers successfully reduce aggregate demand.   A)  m B)  k C)  r D)  n


A) m
B) k
C) r
D) n

Correct Answer:

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