Duplicate Photos - Stay in Multiple Albums or Folders?

On my Mac, in Photos, if I go to the Duplicates album and delete duplicate photos, will the retained/merged photo still appear in all the albums or folders I had put the original duplicate photos in? I often place one photo in multiple albums and want it to stay that way.

In case that is not making sense, for example:

If I had put photo 1 in albums A and B, and an identical photo, photo 2, in albums C and D, once they are merged, will the remaining photo appear in albums A, B, C and D?

Thank you!