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Please answer correct explain plz use diagram Don't answer by pen paper plz Pets Island was at equilibrium; severe tsunamis destroyed a large share of
Please answer correct explain plz use diagram
Don't answer by pen paper plz
Pets Island was at equilibrium; severe tsunamis destroyed a large share of physical capital. Tourists are not going to this island anymore in fear of another tsunami. Thus, the expected future income decreased. Use an AD-AS diagram to show the effects of these two shocks.
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