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Answer the following questions: Explain the effects of the following events on Aggregate Demand or Aggregate Supply curves (AD/SRAS decrease or increase) Specify the shift
Answer the following questions:
Explain the effects of the following events on Aggregate Demand or Aggregate Supply curves (AD/SRAS decrease or increase)
Specify the shift in AD/SRAS curve and indicate what happens to the equilibrium price level and real GDP
a- A significant appreciation of the exchange rate
b- Investment increase after the Governmentt decided to remove many business barriers
c- Households expect lower prices in the future
d- High temperature in mos KSA cities supplying oil
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