Question
a) Why is it important to find ways to shift the AS-curve to the right? b) In the classical aggregate supply curve model, the economy
a) Why is it important to find ways to shift the AS-curve to the right?
b) "In the classical aggregate supply curve model, the economy is always at the full-employment level of output and the unemployment rate is always zero." Comment on this statement.
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
