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In the AD-AS Framework,long-Run Equilibrium Implies That ________

Question 64

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In the AD-AS framework,long-run equilibrium implies that ________.


A) quantity demanded equals quantity supplied at a moderate level of equilibrium inflation
B) quantity demanded equals quantity supplied at a point consistent with the short-run equilibrium level of inflation
C) quantity demanded equals quantity supplied at a point consistent with the natural rate of unemployment
D) all of the above
E) none of the above

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