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-The Top and Bottom Panels of the Diagram Above Show

Question 20

Multiple Choice

-The top and bottom panels of the diagram above show the relationship between the A) short-run and the long-run equilibrium output. B) planned aggregate expenditure curve and the aggregate demand curve. C) real-balance effect and the Fisher effect. D) nominal and the real expenditure curves. E) real-balances effect and the foreign trade effect.
-The top and bottom panels of the diagram above show the relationship between the


A) short-run and the long-run equilibrium output.
B) planned aggregate expenditure curve and the aggregate demand curve.
C) real-balance effect and the Fisher effect.
D) nominal and the real expenditure curves.
E) real-balances effect and the foreign trade effect.

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