Hi there! Here is the question: Explain the difference between short-run Aggregate Supply and long-run Aggregate Supply.
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Question:
Hi there! Here is the question:
Explain the difference between short-run Aggregate Supply and long-run Aggregate Supply. Why would the curves be shaped differently? Do you believe it is possible for a country's real GDP to exceed potential GDP? Why or why not?
Please, refer your answer straight to the questions.
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