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Homework answers / question archive / Price Level LRAS (GDP Deflator 2005 = 100) SRAS SRAS 8 D AD AD 0 Real GDP (2005 Billion USD) Suppose the economy is at point C

Price Level LRAS (GDP Deflator 2005 = 100) SRAS SRAS 8 D AD AD 0 Real GDP (2005 Billion USD) Suppose the economy is at point C

Economics

Price Level LRAS (GDP Deflator 2005 = 100) SRAS SRAS 8 D AD AD 0 Real GDP (2005 Billion USD) Suppose the economy is at point C. If there is a decrease in Aggregate Demand, what is the short-run equilibrium of the economy?

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