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Exhibit 14A-2 Macro AD-AS Model

Question 4

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Exhibit 14A-2 Macro AD-AS Model
Exhibit 14A-2 Macro AD-AS Model    -In Exhibit 14A-2,the long-run aggregate supply curve represents: A)  potential real GDP output for this economy. B)  that the economy is experiencing zero inflation. C)  that the economy is experiencing a recessionary gap. D)  the level of real GDP where the unemployment rate is zero.
-In Exhibit 14A-2,the long-run aggregate supply curve represents:


A) potential real GDP output for this economy.
B) that the economy is experiencing zero inflation.
C) that the economy is experiencing a recessionary gap.
D) the level of real GDP where the unemployment rate is zero.

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