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Refer to Figure 9-3. This graph depicts a shift of aggregate demand from AD0 to AD1. What has NOT occurred in this situation? Question 21

Refer to Figure 9-3. This graph depicts a shift of aggregate demand from AD0 to AD1. What has NOT occurred in this situation? Question 21 options: The real gross domestic product has decreased. The economy represented here is in recession. The new, short-run equilibrium is at point E0. The price level has decreased

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