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QUESTION 7 Exhibit 8-3 LRAS SRAS, SRAS. SRAS. Price Level O, - Natural Real GDP AD Real GDP Refer to Exhibit 8-3. If the economy

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QUESTION 7 Exhibit 8-3 LRAS SRAS, SRAS. SRAS. Price Level O, - Natural Real GDP AD Real GDP Refer to Exhibit 8-3. If the economy is in short-run equilibrium at point A, O a. the (actual) unemployment rate is equal to the natural unemployment rate. O b. the (actual) unemployment rate is less than the natural unemployment rate. O c. the relationship between the (actual) unemployment rate and the natural unemployment rate cannot be determined from the available information O d. the (actual) unemployment rate is greater than the natural unemployment rate

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