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Macro Equilibrium Is Established at Which Level of Real Output,given

Question 120

Multiple Choice

Macro equilibrium is established at which level of real output,given AD<sub>1</sub> and AS<sub>2</sub> in Figure 8.3? A) $100 billion. B) $200 billion. C) $300 billion. D) $400 billion. Macro equilibrium is established at which level of real output,given AD1 and AS2 in Figure 8.3?


A) $100 billion.
B) $200 billion.
C) $300 billion.
D) $400 billion.

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