As long as AD is increasing more rapidly than LRAS, the economy will tend toward both inflation

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As long as AD is increasing more rapidly than LRAS, the economy will tend toward both inflation and economic growth.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 08:01 AM

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As long as AD is increasing more rapidly than LRAS, the economy will tend toward both inflation and economic growth.
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As long as AD is increasing more rapidly than LRAS, the economy will tend toward both inflation

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Exploring Macroeconomics

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