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Using the graph, shift the short-run aggregate supply (AS) curve or the aggregate demand (AD) curve to show the short-run impact of the increase
Using the graph, shift the short-run aggregate supply (AS) curve or the aggregate demand (AD) curve to show the short-run impact of the increase in government spending. PRICE LEVEL 240 200 160 120 80 40 0 0 200 400 600 800 OUTPUT (Billions of dollars) AS AD 1000 1200 AD 0 AS (?)
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Principles Of Macroeconomics
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
13th Global Edition
1292303824, 978-1292303826
