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    Exam 10: Aggregate Supply and Aggregate Demand
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    Suppose That During 2009, the Actual Real GDP of Chile
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Suppose That During 2009, the Actual Real GDP of Chile

Question 269

Question 269

Essay

Suppose that during 2009, the actual real GDP of Chile was 3.5 billion pesos at the same time the potential GDP was 3.4 billion pesos. What sort of equilibrium existed in Chile?

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Chile's actual real GDP exceed...

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