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Mathematics, 12.11.2019 22:31 toxsicity
2. advanced analysis suppose that the equation for a par-
ticular short-run as curve is p = 20 + 0.5q, where p is the
price level and q is real output in dollar terms. what is if the
price level is 120? suppose that the q in your answer is the full-
employment level of output. by how much will q increase in
the short run if the price level unexpectedly rises from 120 to
132? by how much will q increase in the long run due to the
price level increase? l018.1
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2. advanced analysis suppose that the equation for a par-
ticular short-run as curve is p = 20...
ticular short-run as curve is p = 20...
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