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Exhibit 14A-5 Macro AD-AS Model

Question 59

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Exhibit 14A-5 Macro AD-AS Model
Exhibit 14A-5 Macro AD-AS Model -Given the shift of the aggregate demand curve from AD₁ to AD₂ in Exhibit 14A-5,the real GDP and price level (CPI) in long-run equilibrium will be: A) P₂, Y₁. B) P₃, Yp. C) P₂,Yp. D) P₁, Yp.
-Given the shift of the aggregate demand curve from AD₁ to AD₂ in Exhibit 14A-5,the real GDP and price level (CPI) in long-run equilibrium will be:


A) P₂, Y₁.
B) P₃, Yp.
C) P₂,Yp.
D) P₁, Yp.

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