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As Shown in Exhibit 14A-1 and Assuming the Aggregate Demand

Question 54

Multiple Choice

As shown in Exhibit 14A-1 and assuming the aggregate demand curve shifts from AD₁ and AD₂ ,the full-employment level of real GDP is:

A) $12 billion.
B) $8 billion.
C) $150 billion.
D) unable to be determined.

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