Answer the next three questions based upon the following diagram.
-If aggregate supply is AS1:
A) inflation is C and real GDP is F
B) price level is C and real GDP is F
C) price level is D and real GDP is E
D) price level is B and real GDP is G
E) the output gap is FG
Correct Answer:
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Q50: Answer questions 12-18 by choosing from the
Q51: Answer questions 12-18 by choosing from the
Q52: If the supply curve is always horizontal
Q53: Which of the following price indices is
Q54: Which of the following is not likely
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Q57: Answer the next three questions based upon
Q58: Answer the next three questions based upon
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