Chapter Checkpoint

Study Plan Problems and Applications

Table 1 describes four situations that might arise in 2018, depending on the level of aggregate demand. Table 2 describes four situations that might arise in 2019. Use Tables 1 and 2 to work Problems 1 to 4.

Table 1

Data 2018

A table describes four situations that might arise in 2018, depending on the level of aggregate demand.

Table 2

Data 2019

A table describes four situations that might arise in 2019.

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