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AS 36 AD 2 34 32 AD Price Level(average price) 30 28 26 24 22 20 0 2 4 6 8 10 12 14 16
AS 36 AD 2 34 32 AD Price Level(average price) 30 28 26 24 22 20 0 2 4 6 8 10 12 14 16 18 20 Real Output(quantity in billions per year) Suppose the economy is at full employment when AS = AD2. a. The GDP gap when the demand curve is at AD1 is
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The Economics of Women Men and Work
Authors: Francine D. Blau, Marianne A. Ferber, Anne E. Winkler
7th edition
978-0190670863, 019067086X, 132992817, 978-0132992817
