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Refer to the Diagram Below

Question 143

Multiple Choice

Refer to the diagram below. If the initial aggregate demand and supply curves are AD0 and AS0, the equilibrium price level and level of real domestic output will be: Refer to the diagram below. If the initial aggregate demand and supply curves are AD<sub>0</sub> and AS<sub>0</sub>, the equilibrium price level and level of real domestic output will be: A) F and C, respectively. B) G and B, respectively. C) F and A, respectively. D) E and B, respectively.


A) F and C, respectively.
B) G and B, respectively.
C) F and A, respectively.
D) E and B, respectively.

Correct Answer:

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