Analyze what is the resulting impact on potential gdp, Macroeconomics

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Analyze what is the resulting impact on potential gdp

Problem

(Changes in Aggregate Supply) What are supply shocks? Distinguish between beneficial and adverse supply shocks. Do such shocks affect the short-run aggregate supply curve, the long-run aggregate supply curve, or both? What is the resulting impact on potential GDP?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Analyze what is the resulting impact on potential gdp

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Macroeconomics: Analyze what is the resulting impact on potential gdp

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