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

List four variables that would cause a decrease in real GDP (a recession). Indicate whether changes in each variable increase or decrease aggregate demand or shortrun 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 short-run aggregate supply.

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