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-Refer to the Above Diagram

question 215

Multiple Choice

  -Refer to the above diagram.If equilibrium real output is Q<sub>2</sub>,then: A)  aggregate demand is AD<sub>1</sub>. B)  the equilibrium price level is P<sub>1</sub>. C)  producers will supply output level Q<sub>1</sub>. D)  the equilibrium price level is P<sub>2</sub>.
-Refer to the above diagram.If equilibrium real output is Q2,then:


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