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    Survey of Economics
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    Exam 14: A: Appendix: The Self-Correcting Aggregate Demand and Supply Model
  5. Question
    Exhibit 14A-2 Macro AD-AS Model
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Exhibit 14A-2 Macro AD-AS Model

Question 44

Question 44

Multiple Choice

Exhibit 14A-2 Macro AD-AS Model
Exhibit 14A-2 Macro AD-AS Model    -In Exhibit 14A-2,the intersection of AD with SRAS indicates: A)  a short-run equilibrium. B)  a long-run equilibrium. C)  that the economy needs policies to reduce unemployment. D)  that the economy is at full employment.
-In Exhibit 14A-2,the intersection of AD with SRAS indicates:


A) a short-run equilibrium.
B) a long-run equilibrium.
C) that the economy needs policies to reduce unemployment.
D) that the economy is at full employment.

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