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  3. Study Set
    Economics A Contemporary Introduction
  4. Exam
    Exam 5: Introduction to Macroeconomics
  5. Question
    Exhibit 5-1
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Exhibit 5-1

Question 24

Question 24

True/False

Exhibit 5-1 Exhibit 5-1     -In Exhibit 5-1,in period 1 the equilibrium GDP falls from 10,000 to 6,000 when aggregate demand falls from AD to AD'. Exhibit 5-1     -In Exhibit 5-1,in period 1 the equilibrium GDP falls from 10,000 to 6,000 when aggregate demand falls from AD to AD'.
-In Exhibit 5-1,in period 1 the equilibrium GDP falls from 10,000 to 6,000 when aggregate demand falls from AD to AD'.

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