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Exhibit 14A-5 Macro AD-AS Model

Question 66

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Exhibit 14A-5 Macro AD-AS Model
Exhibit 14A-5 Macro AD-AS Model -Beginning in Exhibit 14A-5 from long-run equilibrium at point E₁,the aggregate demand curve shifts to AD₂.The economy's path to a new long-run equilibrium is represented by a movement from: A) E₁ to E₂ to E₃. B) E₃ to E₂ to E₂. C) E₁ to E₃ to E₂. D) E₂ to E₁ to E₂.
-Beginning in Exhibit 14A-5 from long-run equilibrium at point E₁,the aggregate demand curve shifts to AD₂.The economy's path to a new long-run equilibrium is represented by a movement from:


A) E₁ to E₂ to E₃.
B) E₃ to E₂ to E₂.
C) E₁ to E₃ to E₂.
D) E₂ to E₁ to E₂.

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