Multiple Choice
The SRAS is horizontal at a price level of 2.
-According to the AD-AS model,the economy depicted above will achieve a long-run equilibrium state with a price level equal to ___________ and output equal to ___________.
A) 2;550
B) 4;550
C) 3;550
D) 4;650
E) 2;650
Correct Answer:
Verified
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