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    Exploring Economics
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    Exam 27: Issues in Macroeconomic Theory and Policy
  5. Question
    Exhibit 27-1 Refer to Exhibit 27-1
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Exhibit 27-1 Refer to Exhibit 27-1

Question 71

Question 71

Multiple Choice

Exhibit 27-1 Exhibit 27-1   Refer to Exhibit 27-1.If an increase in aggregate demand AD<sub>0</sub> to AD<sub>1</sub> is fully anticipated,the economy will move from point A to point ____ in the short run. A)  B B)  C C)  D D)  E Refer to Exhibit 27-1.If an increase in aggregate demand AD0 to AD1 is fully anticipated,the economy will move from point A to point ____ in the short run.


A) B
B) C
C) D
D) E

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