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Use the following to answer question 15 Figure AD AS Aggregate price level LRAS Y YpY SRAS AD AD AD Real GDP A SRAS will

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Use the following to answer question 15 Figure AD AS Aggregate price level LRAS Y YpY SRAS AD AD AD Real GDP A SRAS will shift to the right B SRAS will shift to the left C AD will shift to the right D AD will shift to the left 15 Figure AD AS Suppose that initially the economy is at long run equilibrium Ther government decides to cut taxes as a result

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