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QUESTION 18 Suppose the price level is 132, the quantity of real GDP demanded is $5 trillion, the quantity of real GDP supplied in the
QUESTION 18 Suppose the price level is 132, the quantity of real GDP demanded is $5 trillion, the quantity of real GDP supplied in the short run is 4.9 trillion, and the quantity of real GDP supplied in the long run is equal to $5.5 trillion. When the economy does achieve short run equilibrium: O a, it will be operating at full employment. O b.it will be in an inflationary gap, O c. There is not enough information to answer this question, O d. it will be in a recessionary gap
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