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4 Equilibrium Determine the economic period based on the relationship between the SRAS, LRAS, and AD curves. When the economy operates beyond the long-run aggregate
4 Equilibrium Determine the economic period based on the relationship between the SRAS, LRAS, and AD curves. When the economy operates beyond the long-run aggregate supply (LRAS) curve, __________. unemployment can be below the natural rate,the economy will operate at 0% unemployment,this economy will experience cyclical unemployment,the labor force will decrease because of increased wages
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