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Exhibit 10-12 -Consider Exhibit 10-12.Aggregate Demand Is Represented by AD0 and the AD0

Question 105

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Exhibit 10-12 Exhibit 10-12 -Consider Exhibit 10-12.Aggregate demand is represented by AD<sub>0</sub> and the aggregate supply is AS<sub>120</sub> since the expected price level is 120.Which of the following identifies the size of the recessionary gap? A) FB B) GB C) JB D) EA E) DK
-Consider Exhibit 10-12.Aggregate demand is represented by AD0 and the aggregate supply is AS120 since the expected price level is 120.Which of the following identifies the size of the recessionary gap?


A) FB
B) GB
C) JB
D) EA
E) DK

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