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Figure: AS/AD Adjustment `

question 152

Multiple Choice

Figure: AS/AD Adjustment Figure: AS/AD Adjustment ` Beginning at Point W in the figure, suppose the government engages in a large increase in government expenditure. If workers react by displaying intertemporal substitution and enter the workforce, the economy should move to Point _____ in the short run. A) V B) X C) Y D) Z `
Beginning at Point W in the figure, suppose the government engages in a large increase in government expenditure. If workers react by displaying intertemporal substitution and enter the workforce, the economy should move to Point _____ in the short run.

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