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-The Data in the Above Table Show That When the Price

question 216

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  -The data in the above table show that when the price level is 120, the economy A)  is in a long-run macroeconomic equilibrium. B)  has an inflationary gap. C)  has a recessionary gap. D)  will have falling money wage rates sometime in the future.
-The data in the above table show that when the price level is 120, the economy


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