Refer to the information provided in Figure 12.7 below to answer the questions that follow.
Figure 12.7
-Refer to Figure 12.7.The level of aggregate output that can be sustained in the long run without inflation
A) is $400 million.
B) is $700 million.
C) is $800 million.
D) cannot be determined from this information because aggregate demand is not given.
Correct Answer:
Verified
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A) long run
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