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content area Part 1 Fill in the blanks to make the following statements correct. a. In our short-run macro model, it is assumed that factor

content area Part 1 Fill in the blanks to make the following statements correct. a. In our short-run macro model, it is assumed that factor prices are changing constant and the level of potential output is changing constant . Changes in real GDP are caused by fluctuations in D and S AD and AS MC and MR

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