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12) If the country of Spartania is at full-employment, the GDP is $10 billion. In equilibrium, where does the Aggregate Supply curve intersect the Aggregate
12) If the country of Spartania is at full-employment, the GDP is $10 billion. In equilibrium, where does the Aggregate Supply curve intersect the Aggregate Demand curve? A) At a GDP of $10 billion EC202-730, MSU Fall 2023 3 B) At a GDP below $10 billion C) At a GDP above $10 billion13) Which of the following would lead to "stagflation"? A) AD shifts right B) AD shifts left C) AS shifts left D) AS shifts righ
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