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28 Sep 2019
(6 points) Suppose an economy is initially at its long-run equilibrium and aggregate demand increases. How do price level, real GDP and nominal wage rate change in the short run and in the long run?
(6 points) Suppose an economy is initially at its long-run equilibrium and aggregate demand increases. How do price level, real GDP and nominal wage rate change in the short run and in the long run?
1
answer
0
watching
88
views
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Darryn D'SouzaLv10
28 Sep 2019