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Category > Economics Posted 17 May 2017 My Price 4.00

aggregate demand

1. Describe a specific event that could have caused the shift shown in the graph above. 2. When aggregate demand (AD) increases or shifts to the right, the equilibrium price level ____________________, equilibrium output ____________________, and
increases/decreases increases/decreases the rate of unemployment ____________________, assuming aggregate supply
increases/decreases is upward sloping, as shown in the graph for question 1.

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SuperTutor
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Status NEW Posted 17 May 2017 02:05 AM My Price 4.00

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