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The Short-Run Equilibrium Level of Real GDP and Inflation Is

Question 2

Multiple Choice

The short-run equilibrium level of real GDP and inflation is given by the intersection of:


A) the aggregate demand curve and the long-run aggregate supply
B) the aggregate demand curve and the short-run aggregate supply
C) the aggregate demand curve, the short-run aggregate supply and the long-run aggregate supply
D) the aggregate demand curve and the zero inflation line

Correct Answer:

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