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| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
D Question 17 1 pts Refer to the following figure to answer the questions that follow. Ptlco
level
(P)
LRAs, LRASZ
SRASI
A
b E
SRAS
1V 2
Real GDP
(Y) Based on the figure, which of the following would cause the long-run equilibrium point to change from point B to
point D? C Firms and workers expected the price level to rise. C The country's overall productivity increased. C The economy was in an expansion and has adjusted. C The population has aged and there are fewer people in the labor force. C The economy experienced an increase in government spending.
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