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During the period 1973-1975, the United States experienced a deep recession and a simultaneous sharp increase in the price level. Based on the AD-AS model

During the period 1973-1975, the United States experienced a deep recession and a simultaneous sharp increase in the price level. Based on the AD-AS model , was this recession a result of a supply shock or a demand shock? Briefly explain how the economy would adjust back to potential GDP in the long run.

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