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Use the Aggregate Supply/aggregate Demand Model in Figure 13

Question 96

Multiple Choice

Use the aggregate supply/aggregate demand model in Figure 13.4 to answer the following scenario. The terrorist attacks on 9/11 caused the economy initially to move from point ________ to point ________; eventually the economy returned to the steady state at point ________.


A) c; a; b
B) c; b; a
C) c; d; c
D) a; b; c
E) Not enough information is given.

Correct Answer:

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