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    Macroeconomics Study Set 17
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
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    The Level of Real GDP in the Long Run Is
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The Level of Real GDP in the Long Run Is

Question 152

Question 152

Multiple Choice

The level of real GDP in the long run is


A) called potential GDP.
B) affected by changes in the price level.
C) determined solely by aggregate demand.
D) the same as the level of nominal GDP in the long run.

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