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Exhibit 14A-2 Macro AD-AS Model

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Exhibit 14A-2 Macro AD-AS Model
Exhibit 14A-2 Macro AD-AS Model    -In Exhibit 14A-2,the short-run equilibrium depicts an economy: A)  with an inflationary gap. B)  with a recessionary gap. C)  producing at full employment. D)  None of the above answers are correct.
-In Exhibit 14A-2,the short-run equilibrium depicts an economy:

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