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  3. Study Set
    Fundamentals of Economics
  4. Exam
    Exam 12: Macroeconomic Equilibrium: Aggregate Demand and Supply
  5. Question
    Figure 12.2 -Consider the Economy Described in Figure 12.2. at Point A
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Figure 12.2 -Consider the Economy Described in Figure 12.2. at Point A

Question 96

Question 96

Multiple Choice

Figure 12.2
Figure 12.2    -Consider the economy described in Figure 12.2. At point A, equilibrium income equals A)  P<sub>1</sub> B)  P<sub>2</sub> C)  $300 billion. D)  $500 billion. E)  $700 billion.
-Consider the economy described in Figure 12.2. At point A, equilibrium income equals


A) P1
B) P2
C) $300 billion.
D) $500 billion.
E) $700 billion.

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