Refer to Figure 9.1. Assume the economy is initially at point A. The eventual change from a shock that increases investment expenditure is best represented by which long-run equilibrium combination of price level and real GDP?

A) P2; Y2
B) P3; Y1
C) P1; Y2
D) P2; Y1

Economics

The CPI is calculated by the Bureau of Labor Statistics on a frequency of every

A) week. B) month. C) quarter. D) year. E) decade, along with the Census.

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Economics

In the above graphs a direct relationship is shown by

A. Graph A. B. Graph B. C. Graph C. D. Graph D.

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Economics