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/biz/ - Business & Finance


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11261560 No.11261560 [Reply] [Original]

Attention V-buck investors! You have to answer this problem as fast as you can to have a better chance of winning free V-bucks for Fortnite!


Suppose that during the past 3 years, equilibrium real GDP in a country rose steadily, from $450 billion to $500 billion, but even though the position of its aggregate demand curve remained unchanged, its equilibrium price level steadily declined, from 110 to 103. What could have accounted for these outcomes, and what is the term for the change in the price level experienced by this country?

You got to get in on this shit as fast as you can! Or else, someone else may win the prize before you even have the chance to say "ligma".