Some events change aggregate demand from AD 0 to AD 1 and aggregate supply from AS 0

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Some events change aggregate demand from AD0 to AD1 and aggregate supply from AS0 to AS1. What is the new macroeconomic equilibrium?

Use Figure 29.2 to work Problems. Initially, the economy is at point B.

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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