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AS AD, Price Level P2 O Q4 Q 1 Q2 3 Real GDP Refer to the graph. Assume that the economy is in a recession

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AS AD, Price Level P2 O Q4 Q 1 Q2 3 Real GDP Refer to the graph. Assume that the economy is in a recession with a price level of P and output level Q1. The government then adopts an appropriate discretionary fiscal policy. What will be the most likely new equilibrium price level and output? Multiple Choice O F2 and Q4 O 1 and Q1 O F2 and G2 O 1 and G3

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