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    Principles of Economics Study Set 1
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    Exam 27: Aggregate Demand, Aggregate Supply, and Inflation
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    Graphically the Intersection of the Aggregate Demand Curve and the Short-Run
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Graphically the Intersection of the Aggregate Demand Curve and the Short-Run

Question 57

Question 57

Multiple Choice

Graphically the intersection of the aggregate demand curve and the short-run aggregate supply line determines:


A) potential output.
B) short-run equilibrium.
C) long-run equilibrium.
D) exogenous spending.

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