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question 151

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Use the following to answer questions .
Exhibit: Using the Aggregate Demand/Aggregate Supply Model 1 Use the following to answer questions . Exhibit: Using the Aggregate Demand/Aggregate Supply Model 1   -(Exhibit: Using the Aggregate Demand/Aggregate Supply Model 1)  Suppose the economy is initially at point A. Now suppose that there is an increase in government purchases. In the short-run, A)  the price level rises to P<sub>b</sub> and real GDP increases to Y<sub>b</sub>. B)  the price level rises to P<sub>d</sub>. C)  the aggregate supply curve shifts up to SRAS<sub>2</sub>. D)  the economy's potential output increases to Y<sub>b</sub>.
-(Exhibit: Using the Aggregate Demand/Aggregate Supply Model 1) Suppose the economy is initially at point A. Now suppose that there is an increase in government purchases. In the short-run,

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Definitions:

Data Sets

Collections of related sets of information, often consisting of numbers or qualitative data, organized for analysis.

Communication Tasks

Specific activities or operations that involve conveying information, ideas, or messages from one entity to another.

Types of Visuals

Refers to different categories of imagery used to convey information or messages, such as charts, graphs, illustrations, and photographs.

Presentations

The act of showcasing information or ideas to an audience through a structured format, often involving visual aids.

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