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-The Data in the Above Table Indicate That When the Price

Question 419

Multiple Choice

  -The data in the above table indicate that when the price level is 100 A)  inventories fall and the price level rises. B)  the economy is in a long-run macroeconomic equilibrium. C)  inventories rise and the price level falls. D)  the unemployment rate is at its equilibrium level.
-The data in the above table indicate that when the price level is 100


A) inventories fall and the price level rises.
B) the economy is in a long-run macroeconomic equilibrium.
C) inventories rise and the price level falls.
D) the unemployment rate is at its equilibrium level.

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