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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
4.4 Draw a dynamic aggregate demand and aggregate supply graph showing the economy moving from potential GDP in 2015 to potential GDP in 2016, with no inflation. Your graph should contain the AD, SRAS, and LRAS curves for both 2015 and 2016 and should indicate the short-run macroeconomic equilibrium for each year and the directions in which the curves have shifted. Identify what must happen to have growth during 2016 without inflation.
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