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A) is the level of output that the economy would produce if

Paper help Economics A) is the level of output that the economy would produce if

Economics

A) is the level of output that the economy would produce if

A) is the level of output that the economy would produce if all prices, i… Show more Potential output: A) is the level of output that the economy would produce if all prices, including nominal wages, were fully flexible. B) varies with price level C) is dependent on the level of consumer confidence D) is greater in periods of expansion than in recessions • Show less

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