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    Exam 10: Real GDP and the Price Level in the Long Run
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    The Real Output of the Economy Under Conditions of Full
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The Real Output of the Economy Under Conditions of Full

Question 223

Question 223

Multiple Choice

The real output of the economy under conditions of full employment


A) is long-run aggregate supply.
B) is long-run aggregate demand.
C) happens only when there is no inflation.
D) is determined by the real-balance effect.

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