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    Microeconomics Private and Public Choice Study Set 2
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    Exam 10: Dynamic Change, Economic Fluctuations, and the Ad--As Model
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    Figure 10-18 as Shown in Figure 10-18, the Economy's
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Figure 10-18 as Shown in Figure 10-18, the Economy's

Question 16

Question 16

Multiple Choice

Figure 10-18 Figure 10-18   As shown in Figure 10-18, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD<sub>1</sub> to AD<sub>2</sub>, is A)  E<sub>1</sub>. B)  E<sub>2</sub>. C)  E<sub>3</sub>. D)  unable to be determined. As shown in Figure 10-18, 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.

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