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Refer to Pessimism. How is the new long-run equilibrium different from the original one? Group of answer choices both price and real GDP are higher.
Refer to Pessimism. How is the new long-run equilibrium different from the original one? Group of answer choices both price and real GDP are higher. both price and real GDP are lower. the price level is the same and GDP is lower. the price level is lower and real GDP is the same
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Microeconomics
Authors: Christopher T.S. Ragan, Richard G Lipsey
14th canadian Edition
321866347, 978-0321866349
