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The figure below shows the aggregate demand (AD) curve, short-run aggregate supply (SRAS) curve, and long-run aggregate supply (LRAS) curve. In the figure, the economy

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The figure below shows the aggregate demand (AD) curve, short-run aggregate supply (SRAS) curve, and long-run aggregate supply (LRAS) curve. In the figure, the economy is initially in equilibrium at full employment at Point e. LRAS SRAS Aggregate Price Level (P) 100 90 AD, ADO 2,500 2,600 2,800 Aggregate Output (Q) The long-run equilibrium level of aggregate output is Assume aggregate demand shifts from ADo to AD1. The new short-run equilibrium level of aggregate output (Q) is D Question 8 3 pts Match each graph below to the correct type of inflation. GRAPH A GRAPH B LRAS BRAS LRAS SRAS, SRASo PLI PLO - AGGREGATE PRICE LEVEL (PL PLit AGGREGATEPRICE LEVEL (PL) PLO AD ADO AD, 0 Q Q1 Q1 Qo AGGREGATE OUTPUT (Q) AGGREGATE OUTPUT (Q) GRAPH A [ Choose ] GRAPH B [ Choose ]

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