Solved: What is the resulting impact on potential gdp, Macroeconomics

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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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