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Assume that the potential GDP of the economy of Aion is $1,440, and that the aggregate demand and aggregate supply are as shown in the

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Assume that the potential GDP of the economy of Aion is $1,440, and that the aggregate demand and aggregate supply are as shown in the following table. a. The value of equilibrium real GDP is and the price level is There is gap. The gap is equal to $ b. If firms become more optimistic and aggregate demand incieases by $120, complete the aggregate demand 2 column in the table above. c. The new value of equilibrium real GDP is and the price level is now

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