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Aggregate Demand & Aggregate Supply Practice Question
Draw a short-run aggregate supply curve that gets steeper as real GDP rises. A) Explain why the curve has this shape. B) Now draw a long-run aggregate supply curve that intersects a
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Suppose that the money demand function is: where r is the interest rate in percent. The money supply M is 3,000 and the price level P is fixed at 6. a. Graph
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