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Figure 14-7 in Figure 14-7, Short-Run Equilibrium Occurs

question 143

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Figure 14-7 Figure 14-7   In Figure 14-7, short-run equilibrium occurs A)  at point a. B)  at point b. C)  at point c, where the actual price level exceeds the expected price level. D)  at point c, where the actual price level is less than the expected price level. In Figure 14-7, short-run equilibrium occurs


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