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The economy is in long-run equilibrium when there is a correctly anticipated increase in aggregate demand.According to new classical theory,the price level will __________ and Real GDP will __________.
Chauffeur
A person employed to drive a private or hired car, especially a luxury vehicle typically for someone else.
BMW
A German multinational corporation that produces luxury vehicles and motorcycles.
Sued By Principal
The action where a principal, often in a legal or business context, initiates a lawsuit against another party.
Default
The failure to fulfill a legal obligation, such as not making a payment on a loan.
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