Price level (GDP deflator, 2012100) 113 110 107 100 LAS, Increase in potential GDP brings expansion.......
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Price level (GDP deflator, 2012100) 113 110 107 100 LAS, Increase in potential GDP brings expansion.... A 17.0 SAS AD greater increase in AD brings inflation... 18.0 LAS, AD₂ 19.5 20.0 20.5 21.0 SAS, and fluctuations in AD bring cycles AD₁ AD Real GDP (trillions of 2012 dollars) 28. Explain what economic principle this graph represents.... (A) EXPLAIN WHAT ECONOMIC PRINCIPLE ARE DESCRIBED IN THIS GRAPH- use the X and Y Axis to add the appropriate detail: (8) Explain each of the parts of the graph A. 8. C. D IAS(0). IAS(1) SAS(1) SAS(0) www. Describe what these numbers mean: 100 107 110 113. A AD(3) AD(1) AD(0) Price level (GDP deflator, 2012100) 113 110 107 100 LAS, Increase in potential GDP brings expansion.... A 17.0 SAS AD greater increase in AD brings inflation... 18.0 LAS, AD₂ 19.5 20.0 20.5 21.0 SAS, and fluctuations in AD bring cycles AD₁ AD Real GDP (trillions of 2012 dollars) 28. Explain what economic principle this graph represents.... (A) EXPLAIN WHAT ECONOMIC PRINCIPLE ARE DESCRIBED IN THIS GRAPH- use the X and Y Axis to add the appropriate detail: (8) Explain each of the parts of the graph A. 8. C. D IAS(0). IAS(1) SAS(1) SAS(0) www. Describe what these numbers mean: 100 107 110 113. A AD(3) AD(1) AD(0)
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