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Exhibit 14A-4 Macro AD-AS Model

Question 55

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Exhibit 14A-4 Macro AD-AS Model
Exhibit 14A-4 Macro AD-AS Model -In Exhibit 14A-4,point P₂,Y₁ represents: A) that the economy needs policies to reduce unemployment. B) a long-run equilibrium. C) a short-run equilibrium. D) that the economy is at full employment.
-In Exhibit 14A-4,point P₂,Y₁ represents:


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

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