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Exhibit 14-6 Aggregate Supply Curve

Question 93

Multiple Choice

Exhibit 14-6 Aggregate supply curve
Exhibit 14-6 Aggregate supply curve In Exhibit 14-6, where the GDP = $1,200 billion, A) everyone in the population over 16 years of age is working. B) the economy has reached the full-employment level of real GDP . C) GDP can increase to $1,100 billion without triggering an increase in the price level. D) no further increases in the price level can generate more real GDP.
In Exhibit 14-6, where the GDP = $1,200 billion,


A) everyone in the population over 16 years of age is working.
B) the economy has reached the full-employment level of real GDP .
C) GDP can increase to $1,100 billion without triggering an increase in the price level.
D) no further increases in the price level can generate more real GDP.

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