International Monetary Fund managing director Christine Lagarde says that a falling labor force participation rate and falling

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International Monetary Fund managing director Christine Lagarde says that a falling labor force participation rate and falling productivity will slow U.S. real GDP growth. IMF economists say business investment will also slow.

Explain this news report in terms of the AS-AD model.

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Foundations Of Economics

ISBN: 9780134486819

8th Edition

Authors: Robin Bade, Michael Parkin

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