a. Use these sets of data to graph the aggregate demand and aggregate supply curves. What are

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a. Use these sets of data to graph the aggregate demand and aggregate supply curves.

What are the equilibrium price level and the equilibrium level of real output in this hypothetical economy? Is the equilibrium real output also necessarily the full-employment real output? Explain.

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Related Book For  book-img-for-question

Essentials Of Economics

ISBN: 9780073511313

2nd Edition

Authors: Stanley L. Brue, Campbell R. McConnell, Sean M. Flynn

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