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Exhibit 15-4 -In Exhibit 15-4,short-Run Equilibrium Occurs

Question 161

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Exhibit 15-4 Exhibit 15-4 -In Exhibit 15-4,short-run equilibrium occurs A) at point a B) at point b C) at point c,where the actual price level exceeds the expected price level D) at point c,where the actual price level is less than the expected price level E) at point c,where there is a contractionary gap
-In Exhibit 15-4,short-run equilibrium occurs


A) at point a
B) at point b
C) at point c,where the actual price level exceeds the expected price level
D) at point c,where the actual price level is less than the expected price level
E) at point c,where there is a contractionary gap

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