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1250: Principles of Macroeconomics (A14) Suppose that there is an economy with the AD and AS functions below: AD: P = 2000 - 2Y SRAS:

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1250: Principles of Macroeconomics (A14) Suppose that there is an economy with the AD and AS functions below: AD: P = 2000 - 2Y SRAS: P = 500 + 2Y LRAS: 200 Calculate the recessionary or inflationary gap. If it is a recessionary gap, put a negative in front of your answer. Answer: age Next pag

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