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Exhibit 10.7 -Refer to Exhibit 10.7, Which Shows the Equilibrium Price Level

Question 130

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Exhibit 10.7
Exhibit 10.7 -Refer to Exhibit 10.7, which shows the equilibrium price level and real GDP in an aggregate demand-aggregate supply model. If prices are higher than expected, over the long run the economy moves from _____ A) Z to H. B) Z to W. C) H to Z. D) W to Z. E) W to H.
-Refer to Exhibit 10.7, which shows the equilibrium price level and real GDP in an aggregate demand-aggregate supply model. If prices are higher than expected, over the long run the economy moves from _____


A) Z to H.
B) Z to W.
C) H to Z.
D) W to Z.
E) W to H.

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