Refer to the figure below. The equilibrium price is ________, and the equilibrium quantity is ________.
A. $30; 15
B. $35; 20
C. $25; 5
D. $25; 20
Answer: B
Economics
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The ________ curves are both vertical
A) long-run aggregate supply and long-run Phillips B) aggregate demand and short-run Phillips C) short-run aggregate supply and short-run Phillips D) long-run aggregate supply and short-run Phillips
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