What does it mean to say explain and illustrate graphically


What does it mean to say? Explain and illustrate graphically each. (Chapter 12; Long-run macro-equilibrium, recessions, expansions) a. The economy is in a recession? b. The economy is in an economic expansion with inflation? c. The economy is in the long-run equilibrium?

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Business Economics: What does it mean to say explain and illustrate graphically
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