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Question 5 5 Not yet answered Marked out of 1.00 Flag question Question text Exhibit: Figure 12-2 Price LRAS level SRAS, P AD Real GDP

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Question 5 5 Not yet answered Marked out of 1.00 Flag question Question text Exhibit: Figure 12-2 Price LRAS level SRAS, P AD Real GDP per year In this exhibit (Figure 12-2), if discretionary fiscal policy is used to eliminate the gap, policy actions will: Select one: a. shift the aggregate demand curve to the left until long-run equilibrium is restored at a price level, P, and output level, Yp. b. shift the aggregate demand curve and the short-run aggregate supply curve to the left until long-run equilibrium is restored at a price level P. and output level, Yp. c. shift the aggregate demand curve to the left until long-run

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