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6. Problems and Applications Q4 In 1939, with the U.S. economy not yet fully recovered From the Great Depression, President Roosevelt proclaimed that Thanksgiving would
6. Problems and Applications Q4 In 1939, with the U.S. economy not yet fully recovered From the Great Depression, President Roosevelt proclaimed that Thanksgiving would fall a week earlier than usuai so that the shopping period before Christmas would be longer. Graph A Graph B LRAS LRAS Aggregate Supply Aggregate Supply Price Level Price Level Aggregate Demand Aggregate Demand Quantity of Output Quantity of OutputWhich of the graphs represents the state of the economy before this pronouncement? O Graph A O Graph B True or False: President Roosevelt was trying to increase aggregate demand. O True O False
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