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Figure 9-3 -Refer to Figure 9-3.This Graph Depicts a Shift of Aggregate

Question 155

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Figure 9-3
Figure 9-3 -Refer to Figure 9-3.This graph depicts a shift of aggregate demand from AD₀ to AD₁.Which of the following has NOT occurred in this situation? A) The real gross domestic product has decreased. B) The economy represented here is in recession. C) The new, short-run equilibrium is at point E0. D) The price level has decreased.
-Refer to Figure 9-3.This graph depicts a shift of aggregate demand from AD₀ to AD₁.Which of the following has NOT occurred in this situation?


A) The real gross domestic product has decreased.
B) The economy represented here is in recession.
C) The new, short-run equilibrium is at point E0.
D) The price level has decreased.

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