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The figure to the right shows an economy in an initiallong-run equilibrium at point A. a. Using the line drawing tool, showhow, if atall, the

The figure to the right shows an economy in an initiallong-run equilibrium at point A.

a. Using the line drawing tool, showhow, if atall, the equilibrium real GDP and thelong-run equilibrium price level are affected by adecreaseinthevalueofthe homecurrencyintermsofthecurrenciesofother nations. Properlylabelthisline. Carefully follow the instructionsabove, and only draw the required objects.

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