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TYP: SA Exhibit 14A-3 Macro AD-AS Model

Question 24

Multiple Choice

TYP: SA
Exhibit 14A-3 Macro AD-AS Model
TYP: SA Exhibit 14A-3 Macro AD-AS Model -In Exhibit 14A-3,the level of real GDP represented by Yp: A) is potential real GDP for this economy. B) indicates that the economy is experiencing zero inflation. C) indicates that the economy is experiencing a recessionary gap. D) would be associated with considerable unemployment.
-In Exhibit 14A-3,the level of real GDP represented by Yp:


A) is potential real GDP for this economy.
B) indicates that the economy is experiencing zero inflation.
C) indicates that the economy is experiencing a recessionary gap.
D) would be associated with considerable unemployment.

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