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Use the two graphs in the diagram to answer the following questions. Figure 16-3 Price Inflation 5 Level Rate 3 C 2 1 Output Unemployment

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Use the two graphs in the diagram to answer the following questions. Figure 16-3 Price Inflation 5 Level Rate 3 C 2 1 Output Unemployment Rate 19. Refer to Figure 16-3. Where does a decrease in aggregate demand move the economy from c and 3 to, in the short run and the long run? a. a and 1 in the short run, b and 2 in the long run b. b and 2 in the short run, a and 1 in the long run c. d and 4 in the short run, e and 5 in the long run d. b and 4 in the short run, e and 1 in the long run

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