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Business, 03.01.2020 23:31 TrueKing184

Ie 9-3 as/ad model – suppose this economy was momentarily at full employment, but has now experienced a continuation of the right shifting ad caused by increased "g" spending . if the price level increases to $2.34, then real production gdp will have increased to $5200 b and people will have gained jobs. in the business cycle the economy will have moved from point "x" toward point .

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