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-In the Figure Above, the Economy Is at Point a When

Question 24

Multiple Choice

-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to A) $13.0 billion. B) $12.5 billion. C) $13.5 billion. D) None of the above answers is correct.
-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to


A) $13.0 billion.
B) $12.5 billion.
C) $13.5 billion.
D) None of the above answers is correct.

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