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-The Economy Pictured in the Diagram Above Is in Short-Run

Question 59

Multiple Choice

-The economy pictured in the diagram above is in short-run equilibrium with the combination of inflation and output indicated by point ________.The long-run equilibrium combination of inflation and output for this economy is indicated by point ________. A) A;B B) A;C C) B;A D) B;C E) C;A
-The economy pictured in the diagram above is in short-run equilibrium with the combination of inflation and output indicated by point ________.The long-run equilibrium combination of inflation and output for this economy is indicated by point ________.


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

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