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    Macroeconomics Study Set 33
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    Exam 8: Inflation: Its Causes and Cures
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    Figure 8-5 -In the Figure Above, from Initial Point a in the a in the Top
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Figure 8-5 -In the Figure Above, from Initial Point a in the a in the Top

Question 38

Question 38

Multiple Choice

Figure 8-5 Figure 8-5   -In the figure above, from initial point A in the top diagram AD0 shifts to AD1, while the nominal wage remains constant. Short-run equilibrium occurs at point A)  G. B)  B. C)  C. D)  D. E)  F.
-In the figure above, from initial point A in the top diagram AD0 shifts to AD1, while the nominal wage remains constant. Short-run equilibrium occurs at point


A) G.
B) B.
C) C.
D) D.
E) F.

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