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Answer questions 15 through 18 with reference to Figure 2. Enter the letter associated with the diagram representing the deve

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15) Introduction of new technology to generate electric power : C ( Long run supply increases , permanent increase in productivity )

16) An exogenous expansionary monetary policy : A ( aggregate demand rises due to excess money supply )

17) A sudden increase in rate and adverse impact of global warming : N

18) A decline in unemployment from above natural rate to natural rate : B ( recessionary gap closed , supply rises , economy reaches potential )

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