In the diagram for this exercise sketch a line representing
In the diagram for this exercise, sketch a line representing a long-run aggregate supply at $10 trillion. Illustrate the effect of an increase in long-run aggregate supply. Then illustrate the effect of a decrease in long-run aggregate supply.
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1 in the diagram sketch a line representing a potential output of 10 trillion sketch a short-run aggregate supply curve
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in the diagram for this exercise sketch a line representing a long-run aggregate supply at 10 trillion illustrate the
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the multiplier and the time horizon explain how the steepness of the short-run aggregate supply curve affects the
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