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-Refer to Figure 13

Question 15

Multiple Choice

  -Refer to Figure 13.2. In the diagram, the intersection of the AD<sub>0</sub> curve and the LAS curve determines: A)  the short-run equilibrium level of output. B)  the long-run equilibrium level of employment. C)  the equilibrium interest rate. D)  the equilibrium inflation rate.
-Refer to Figure 13.2. In the diagram, the intersection of the AD0 curve and the LAS curve determines:


A) the short-run equilibrium level of output.
B) the long-run equilibrium level of employment.
C) the equilibrium interest rate.
D) the equilibrium inflation rate.

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