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-Referring to the Aggregate Demand - Aggregate Supply Diagram in Figure

Question 55

Multiple Choice

-Referring to the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, which box should be filled with the label PI* for the macroeconomic equilibrium level of the price index? A) Box 1 B) Box 2 C) Box 5 D) Box 6
-Referring to the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, which box should be filled with the label PI* for the macroeconomic equilibrium level of the price index?


A) Box 1
B) Box 2
C) Box 5
D) Box 6

Correct Answer:

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