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Instructions: Use the tool provided AS1 to show the movement back to full-employment output. Plot only the endpoints of the line, keeping AS1 parallel to
Instructions: Use the tool provided "AS1" to show the movement back to full-employment output. Plot only the endpoints of the line, keeping AS1 parallel to AS with the appropriate intersection (2 points total). b. How does the new long-run equilibrium compare to the initial full-employment level before the decrease in gross investment? multiple choice 1 The price level is lower, but output remains the same. The price level is higher, but output is lower. The price level is higher, but output remains the same. The price level is lower, but output is higher
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