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If the aggregate-demand curve is given by the equation P = 400 - (2 Y ), and long-run aggregate supply = 100, the long-run equilibrium
If the aggregate-demand curve is given by the equation
P = 400 - (2 Y), | |
and long-run aggregate supply = 100, the long-run equilibrium price level equals
50. | ||
100. | ||
150. | ||
200. |
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