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Use the Figure Below to Answer the Following Question(s)

Question 15

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Use the figure below to answer the following question(s) . Figure 9-2
Use the figure below to answer the following question(s) . Figure 9-2   When an economy is experiencing the aggregate demand and supply conditions depicted in Figure 9-2, A)  the actual rate of unemployment will exceed the natural rate of unemployment. B)  buyers and sellers will have correctly anticipated the level of prices P<sub>1</sub>. C)  the output y<sub>1</sub> will not be sustainable in the future. D)  all of the above are correct. When an economy is experiencing the aggregate demand and supply conditions depicted in Figure 9-2,


A) the actual rate of unemployment will exceed the natural rate of unemployment.
B) buyers and sellers will have correctly anticipated the level of prices P1.
C) the output y1 will not be sustainable in the future.
D) all of the above are correct.

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