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I'm stuck between the answers P2Y2 = PY = P1Y1 and P2Y2 Question 5 2 pts Consider the AS/AD model in levels. Suppose that AD

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I'm stuck between the answers P2Y2 = PY = P1Y1 and P2Y2

image text in transcribed
Question 5 2 pts Consider the AS/AD model in levels. Suppose that AD is best represented by the unit elastic rectangular hyperbola shown below. Then, Price The AD curve as a rectangular level hyperbola. P2 LAD National income A) P2Y2 > PY > P1Y1. O B) P2Y2 = PY = P1Y1. D) More information is needed to answer this question. O C) P2Y2

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