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Please answer the following: 2. Label the axes, the SAS, potential or full-employment level of output (LAS), and AD curves on the AD/AS graph. Now

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2. Label the axes, the SAS, potential or full-employment level of output (LAS), and AD curves on the AD/AS graph. Now that we can see the relationship of the short-run and long-run macroeconomy, what do we know about the macroeconomy of Lala Land? Pasta Land? What happens to each economy when contractionary monetary policy is implemented? Aggregate Demand and Aggregate Supply for Two Countries Lala Land Pasta Land

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