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Real-Time Data Analysis Exercise* Price level (GDP deflator; 2012 = 100) 133.2- *Real-time data provided by Federal Reserve Economic Data (FRED), Potential GDP 132.2- Federal

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Real-Time Data Analysis Exercise* Price level (GDP deflator; 2012 = 100) 133.2- *Real-time data provided by Federal Reserve Economic Data (FRED), Potential GDP 132.2- Federal Reserve Bank of Saint Louis. 20.2 The graph to the right shows the U.S. economy in the most recent 131.2- quarter (the third quarter of 2022). 130.2- AS . . . 129.2- 128.2 128.2- 1. Draw a new curve to illustrate the effect of an increase in real GDP in the rest of the world that boosts U.S. exports. Draw only one curve, 127.2 an aggregate supply curve or an aggregate demand curve or a 126.2- potential GDP line, and label it appropriately. AD 2. Draw a point at the new equilibrium level of real GDP and the price 125.2- level. 124.2- 123.2- 20.0 19.0 19.4 19.8 20.2 20.6 21.0 Real GDP (trillions of 2012 dollars) Edit coordinates (20.4, 129) >>> Draw only the objects specified in the

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