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    Macroeconomics Study Set 12
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    Exam 8: Aggregate Demand, aggregate Supply, and the Great Depression
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    Figure 7-5 -In Figure 7-5 Above,from an Initial Long-Run Equilibrium the Net
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Figure 7-5 -In Figure 7-5 Above,from an Initial Long-Run Equilibrium the Net

Question 53

Question 53

Multiple Choice

Figure 7-5
Figure 7-5    -In Figure 7-5 above,from an initial long-run equilibrium the net tax rate rises with no initial change in the nominal wage.We would show this as a movement from points A) A to B. B) A to F. C) B to E. D) E to B. E) E to F.
-In Figure 7-5 above,from an initial long-run equilibrium the net tax rate rises with no initial change in the nominal wage.We would show this as a movement from points


A) A to B.
B) A to F.
C) B to E.
D) E to B.
E) E to F.

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