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Which of the following correctly describes the actions taken in the process represented by section K and L?
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What does it signify if point 1 shifts down and to the right? a. the price level and the real gdp are falling. b. the real gdp is falling, and supply is increasing. c. the price level is rising, and production is increasing. d. the price level is falling, and demand and the real gdp are rising.
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Which of the following correctly describes the actions taken in the process represented by section K...
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