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130 LAS SAS, SAS SAS2 120 Price level (GDP defiator, 2009 -1001 110 A 100 90 0 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP

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130 LAS SAS, SAS SAS2 120 Price level (GDP defiator, 2009 -1001 110 A 100 90 0 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions of 2009 dollars) In the above figure, the economy is at point A. Then the price level falls to 90 while the money wage rate does not change. Firms will be willing to supply output equal to a. less than $18.0 trillion b. Without more information, it is impossible to determine which of the above answers is correcto .. more than $18.0 trillion d. $18.0 trillion

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