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Assuming no stabilization policy, if the economy is initially at long-run equilibrium and aggregate demand rises, then in the long run the price level Group
Assuming no stabilization policy, if the economy is initially at long-run equilibrium and aggregate demand rises, then in the long run the price level Group of answer choices and output are higher than at the original long-run equilibrium. and output are lower than at the original long-run equilibrium. is lower and output is the same as at the original long-run equilibrium. is higher and output is the same as at the original long-run equilibrium
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