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Suppose that the short-run aggregate supply curve is: = 2 + 1.5 (Y-10), where is inflation and Y is output; and the aggregate demand curve

Suppose that the short-run aggregate supply curve is: = 2 + 1.5 (Y-10), where is inflation and Y is output; and the aggregate demand curve is: Y= 11 - 0.5. Find the equilibrium output and the equilibrium inflation rate.

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