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Suppose the economy is initially in long-run equilibrium. An decrease in aggregate demand will: a. permanently move the economy into a recessionary gap. b. temporarily
Suppose the economy is initially in long-run equilibrium. An decrease in aggregate demand will: a. permanently move the economy into a recessionary gap. b. temporarily move the economy into an inflationary gap. c. permanently move the economy into an inflationary gap. d. temporarily move the economy into a recessionary gap
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