In 2003, the economy of Singsville had an aggregate demand and aggregate supply according to the following schedule: Price level Aggregate Demand Short-Run Aggregate Supply
In 2003, the economy of Singsville had an aggregate demand and aggregate supply according to the following schedule: Price level Aggregate Demand Short-Run Aggregate Supply Long-Run Aggregate Supply 60 $1615 $1255 $1460 70 $1560 $1320 $1460 80 $1505 $1385 $1460 90 $1450 $1450 $1460 100 $1395 $1515 $1460 110 $1340 $1580 $1460 120 $1285 $1645 $1460 What was Singsville's short-run equilibrium output in 20032 Is Singsville most likely experiencing high cyclical unemployment or inflation pressures? High cyclical unemployment Inflation pressures
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