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-Refer to Exhibit 11

Question 51

Multiple Choice

-Refer to Exhibit 11.2, which shows the relationship between the price level and real GDP. Which of the following is the long-run equilibrium point? A) A point between e* and e'' B) e'' C) e* D) e' E) e
-Refer to Exhibit 11.2, which shows the relationship between the price level and real GDP. Which of the following is the long-run equilibrium point?


A) A point between e* and e''
B) e''
C) e*
D) e'
E) e

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