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Figure 10.1 -Refer to Figure 10.1..If the Level of Real GDP Is

Question 1

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Figure 10.1
Figure 10.1    -Refer to Figure 10.1..If the level of real GDP is initially Y₂,firms will ________ production until equilibrium is reached at ________. A)  increase; Y₂ B)  decrease; Y₂ C)  increase; Y₁ D)  decrease; Y₁
-Refer to Figure 10.1..If the level of real GDP is initially Y₂,firms will ________ production until equilibrium is reached at ________.


A) increase; Y₂
B) decrease; Y₂
C) increase; Y₁
D) decrease; Y₁

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