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  3. Study Set
    Macroeconomics for Today
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    Exam 23: the Self-Correcting Aggregate Demand and Supply Model
  5. Question
    As Shown in Exhibit 1, the Economy's Point of Short-Run
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As Shown in Exhibit 1, the Economy's Point of Short-Run

Question 77

Question 77

Multiple Choice

As shown in Exhibit 1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD1 to AD2 , is:


A) E1.
B) E2.
C) E3.
D) unable to be determined.

Correct Answer:

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