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In a self-regulating economy, inflationary and recessionary gaps produce shifts of the: a

Business Dec 23, 2020

In a self-regulating economy, inflationary and recessionary gaps produce shifts of the:

a. AD curve that moves the economy to a long-run equilibrium point,

b. SRAS curve that moves the economy to a long-run equilibrium point,

c. SRAS curve that maintains the short-run equilibrium point,

d. AD curve that maintains the short-run equilibrium point.

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