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