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The graph showslong- andshort-run aggregate supplycurves, using modern Keynesian analysis. Suppose that there is adiscoveryofadditionalnatural resources. Using the lineand/or the3-point curved line drawing tool ,
The graph showslong- andshort-run aggregate supplycurves, using modern Keynesian analysis.
Suppose that there is adiscoveryofadditionalnatural resources.
Using the lineand/or the3-point curved line drawing tool, show the effect(if any) on each curve. Properly label yourcurve(s).
Carefully follow the instructionsabove, and only draw the required objects.
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