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11.5 the Long-Run AS Curve

Question 139

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11.5 The Long-Run AS Curve
Refer to the information provided in Figure 11.7 below to answer the questions that follow. 11.5 The Long-Run AS Curve Refer to the information provided in Figure 11.7 below to answer the questions that follow.   Figure 11.7 -Refer to Figure 11.7. The level of aggregate output that can be sustained in the long run without inflation A)  is $400 million. B)  is $700 million. C)  is $800 million. D)  cannot be determined from this information because aggregate demand is not given. Figure 11.7
-Refer to Figure 11.7. The level of aggregate output that can be sustained in the long run without inflation


A) is $400 million.
B) is $700 million.
C) is $800 million.
D) cannot be determined from this information because aggregate demand is not given.

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