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Use the Following Diagram to Answer the Following Questions

Question 50

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Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions. -Refer to Diagram 13-1. Suppose the economy is currently in equilibrium at point A. If consumption spending increases, this would most likely: A) cause deflation. B) cause inflation. C) cause unemployment. D) increase the equilibrium level of real GDP.
-Refer to Diagram 13-1. Suppose the economy is currently in equilibrium at point A. If consumption spending increases, this would most likely:


A) cause deflation.
B) cause inflation.
C) cause unemployment.
D) increase the equilibrium level of real GDP.

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