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On a graph, draw an aggregate demand curve and short run aggregate supply curve with a classical range, intermediate range, and Keynesian range. 9. Also,
On a graph, draw an aggregate demand curve and short run aggregate supply curve with a classical range, intermediate range, and Keynesian range.
9. Also, show the result of a negative demand shock on the graph Assuming that the economy starts in the intermediate range. (only for this part do we assume that the economy starts in the intermediate range.)
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