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Use the Table Below to Answer the Following Questions

Question 96

Multiple Choice

Use the table below to answer the following questions.
Table 26.3.1
Use the table below to answer the following questions. Table 26.3.1 -Refer to Table 26.3.1. Consider the economy represented in the table. The economy eventually moves to its long-run equilibrium. In long-run equilibrium, the price level is ________ and real GDP is ________ billion. A) 125; $550 B) 120; $600 C) 120; $500 D) 130; $600 E) 130; $500
-Refer to Table 26.3.1. Consider the economy represented in the table. The economy eventually moves to its long-run equilibrium. In long-run equilibrium, the price level is ________ and real GDP is ________ billion.


A) 125; $550
B) 120; $600
C) 120; $500
D) 130; $600
E) 130; $500

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