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Exhibit 9-4 -Refer to Exhibit 9-4.Which of the Following Is True at Is

Question 44

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Exhibit 9-4 Exhibit 9-4 -Refer to Exhibit 9-4.Which of the following is true at the Real GDP level of Q<sub>3</sub>? A) The unemployment rate is equal to its natural level. B) The cyclical unemployment rate is zero. C) The economy is in long-run equilibrium. D) all of the above E) none of the above
-Refer to Exhibit 9-4.Which of the following is true at the Real GDP level of Q3?


A) The unemployment rate is equal to its natural level.
B) The cyclical unemployment rate is zero.
C) The economy is in long-run equilibrium.
D) all of the above
E) none of the above

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