Multiple Choice
Figure 13-4
-Refer to Figure 13-4.Given the economy is at point A in year 1,what will happen to the price level in year 2?
A) It will rise.
B) It will fall.
C) It will remain constant.
D) not enough information to answer the question
Correct Answer:

Verified
Correct Answer:
Verified
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Q214: Figure 13-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-1
Q215: Starting from long-run equilibrium,use the basic aggregate
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Q220: The short-run aggregate supply curve is vertical.
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Q222: Figure 13-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-4
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