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    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 10: Aggregate Supply and Aggregate Demand
  5. Question
    -In the Figure Above, the Economy Is at Point a When
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-In the Figure Above, the Economy Is at Point a When

Question 28

Question 28

Multiple Choice

  -In the figure above, the economy is at point A when the price level falls to 100. Money wage rates and all other resource prices remain constant. Firms are willing to supply output equal to A)  $17.5 trillion. B)  $18.0 trillion. C)  $18.5 trillion. D)  None of the above answers is correct.
-In the figure above, the economy is at point A when the price level falls to 100. Money wage rates and all other resource prices remain constant. Firms are willing to supply output equal to


A) $17.5 trillion.
B) $18.0 trillion.
C) $18.5 trillion.
D) None of the above answers is correct.

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