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Suppose that your economy is in long run equilibrium, then the following shock occurred. The aggregate demand and aggregate supply in the market is represented

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Suppose that your economy is in long run equilibrium, then the following shock occurred. The aggregate demand and aggregate supply in the market is represented by the following: P LRAS X AD2 AD1 Y To close the gap the government should increase taxes and decrease government spending O a. False O b. True

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