Question: List four variables that would cause a decrease in real GDP (if large enough, a recession). Indicate whether changes in each variable increase or decrease

List four variables that would cause a decrease in real GDP (if large enough, a recession). Indicate whether changes in each variable increase or decrease aggregate demand or short-run aggregate supply. Next, state four variables that would cause an increase in the price level

(short-run inflation). Indicate whether changes in the variable increase or decrease aggregate demand or shortrun aggregate supply.

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