In Figure 8.8, what price level will induce people to buy all the output produced at full

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In Figure 8.8, what price level will induce people to buy all the output produced at full employment?


Aggregate supply PE P* Aggregate demand Equilibrium output Full-employment output QE QF REAL OUTPUT (quantity per year)

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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