Exhibit 14A-3  Macro AD-AS Model in Exhibit 14A-3, the Intersection

question 29

Multiple Choice

Exhibit 14A-3  Macro AD-AS Model In Exhibit 14A-3, the intersection of AD with SRAS indicates:

• A) a short-run equilibrium.
• B) a long-run equilibrium.
• C) that the economy needs policies to reduce unemployment.
• D) that the economy is at full employment.

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Revenues

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