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Assuming the Economy in the Graph Shown Is Currently at Equilibrium

Question 68

Multiple Choice

Assuming the economy in the graph shown is currently at equilibrium A, we can conclude: A) the economy is in a recession. B) the economy is producing less than its potential level of output. C) there must be unemployment of resources. D) All of these are true. Assuming the economy in the graph shown is currently at equilibrium A, we can conclude:


A) the economy is in a recession.
B) the economy is producing less than its potential level of output.
C) there must be unemployment of resources.
D) All of these are true.

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