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The Level of Real GDP Identified by the Long-Run Aggregate

Question 58

Multiple Choice

The level of real GDP identified by the long-run aggregate supply curve is


A) the full-employment level of real GDP.
B) the level of GDP at which each business firm is experiencing growth in sales.
C) the level of GDP at which each industry is experiencing growth in sales.
D) the level of GDP at which no one is below the poverty line.

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