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Use AD/AS model to solve the problem. You have to DRAW and explain with AD/AS model. Hydraulic fracturing (fracking) has the potential to significantly increase
Use AD/AS model to solve the problem. You have to DRAW and explain with AD/AS model. Hydraulic fracturing (fracking) has the potential to significantly increase the amount of natural gas produced in the United States. Assume a large percentage of factories and utility companies use natural gas. Scenario A: the economy is operating at full employment level of output. Scenario B: The economy is operating below full employment
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