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Short-run equilibrium price level and output

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1. What is the short-run equilibrium price level and output?

2. Identify the short-run equilibrium price level and output if consumer spending fell?

3. Identify the short-run equilibrium price level and output if investment increased?

4. Identify the short-run equilibrium price level and output after a negative supply shock?

5. If the real GDP was Y, what types of 3 unemployment would exist?

Reference no: EM133063409

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