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Use the following to answer question 7:
Figure: Aggregate Demand
-(Figure: Aggregate Demand) Refer to Figure: Aggregate Demand. The quantity of output demanded if the price level is 120 is:
Q3: In an open economy, GDP is $12
Q11: (Figure: Fiscal Policy II) Refer to Figure:
Q50: After 1873, the U.S. government:<br>A) stopped redeeming
Q52: A reserve ratio is the:<br>A) proportion of
Q63: Government's efforts to stabilize the business cycle
Q79: A(n) _ would likely shift the short-run
Q84: If the multiplier equals 4, then the
Q85: In a simple, closed economy (no government
Q113: In a deposits-only monetary system with a
Q180: (Figure: Inflationary and Recessionary Gaps) Refer to