Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrlum output equals: A. 3000 B. 3250 C. 4000 D.4750

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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PAE
Expenditure
Line.
PAE 1.000+75Y
5000
4750
4000
B8
1000
45
3000 4000 5o0p)
Transcribed Image Text:PAE Expenditure Line. PAE 1.000+75Y 5000 4750 4000 B8 1000 45 3000 4000 5o0p)
68.
Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrlum output
equals:
A. 3000
B.3250
C. 4000
D.4750
Transcribed Image Text:68. Refer to the figure above. Based on the Keynesian cross diagram, short-run equilibrlum output equals: A. 3000 B.3250 C. 4000 D.4750
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