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Refer to the graph. Assume that the economy is initially at full-employment equilibrium at point A. If there is cost-push in?ation in this economy and the government pursues an expansionary ?scal
Policy, then in the long run the
Vital Supplies
Essential items or materials necessary for health, survival, or the operation of a system or organization.
Smooth Running
The operation of a system, process, or machine in a manner that is efficient, without interruptions, and effectively managed.
Medical Office
A facility where medical professionals provide outpatient services, including diagnosis, treatment, and patient care management.
Indefinitely
A term used to describe an action or event that has no specified end time.
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