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LRAS SRAS 1 SRAS. Price Level PL2 stact off PLI PLo AD 1 ADo Y 2 YNR Y1 CS RGDP 29. Refer to the figure.

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LRAS SRAS 1 SRAS. Price Level PL2 stact off PLI PLo AD 1 ADo Y 2 YNR Y1 CS RGDP 29. Refer to the figure. If the economy is currently in equilibrium with actual rate of unemployment greater than the natural rate of unemployment. What would be the new equilibrium point if the bank of Canada reduced the target overnight rate? 10 ADZ a. Eo VTO- MST- il- Ex-ADT - y1 shift NX b. E1 light C. E2 d. E3 U > UNR swel yz

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