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Use the following visual to answer the questions which follow. The US is in long-run equilibrium. Draw the macroeconomy graph with correct and complete labels.

Use the following visual to answer the questions which follow.

  1. The US is in long-run equilibrium. Draw the macroeconomy graph with correct and complete labels.
  2. Based on the visual, show the effect on the model you have drawn for question 1.
  3. What is causing this effect?
  4. Is this a reliable source? Explain.

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