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What is the answer? 140 130 120 110 100 90 80 600 700 800 900 1000 == for accelerated learners: Price Aggregate Short Run Long

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140 130 120 110 100 90 80 600 700 800 900 1000 == for accelerated learners: Price Aggregate Short Run Long Run Level (PL) Demand Aggregate Aggregate (AD) ($T) Demand (SAS) Supply (LAS) 100 13 11 12 110 12 12 12 120 11 13 12 130 10 14 12 140 9 15 12 4. The above table shows the initial aggregate demand (AD), short-run aggregate demand (SAS), and long-run aggregate supply (LAS) schedules for Country M. 3a. Sketch the AD, SAS, and LAS curves for country M. Label the equilibrium point 3b. What is the equilibrium level of real GDP (GDP) and price level (PL)? Ans: 3a. Sketch the graph

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