Consider a classical aggregate supplyaggregate demand model


Consider a classical Aggregate Supply/Aggregate Demand model. Explain how a self-regulating economy will return to long run equilibrium after it falls in a recessionary gap. Explain the implications of the model you present in part A in the context of the question. Also, use a graph to illustrate your answer.

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Business Economics: Consider a classical aggregate supplyaggregate demand model
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