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Question 7 2 pts The economy starts in a long-run equilibrium where aggregate demand, short run aggregate supply, and long-run aggregate supply all meet. Suppose
Question 7 2 pts The economy starts in a long-run equilibrium where aggregate demand, short run aggregate supply, and long-run aggregate supply all meet. Suppose an increase in investment occurs, holding all else constant. As a result, the price level will in the short run, and in the long run, assuming no policy intervention. increase; increase further increase; decrease to its initial value decrease; decrease further decrease; increase to its initial level
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