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-Using the Data in the Above Table, in the Short-Run

Question 140

Multiple Choice

-Using the data in the above table, in the short-run macroeconomic equilibrium, the price level is ________ and the level of real GDP is ________.

A) 105; $10 trillion
B) 110; $10 trillion
C) 110; $11 trillion
D) 115; $10 trillion

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