In Figure 8.8, what price level will induce people to buy all the output produced at full
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Aggregate supply PE P* Aggregate demand Equilibrium output Full-employment output QE QF REAL OUTPUT (quantity per year) PRICE LEVEL (average price)
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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