Draw a short-run aggregate supply curve that gets steeper as real GDP rises. A) Explain why the curve has this shape. B) Now draw a long-run aggregate supply curve that intersects a
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Draw graph with aggregate demand (AD) and upward-sloping short-run
Econ 201A - Assessment: AD/AS Flashcards
Answered: Suppose the economy starts at point 1…
Econ 201A - Assessment: AD/AS Flashcards
Solved Price level (GDP price index) The graph shows the
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