Explain why the short-run aggregate supply curve might be fairly flat in the Keynesian zone of the
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Explain why the short-run aggregate supply curve might be fairly flat in the Keynesian zone of the SRAS curve. How might we tell if we are in the Keynesian zone of the AS?
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The shortrun aggregate supply SRAS curve represents the relationship between the overall price level in the economy and the quantity of goods and services that firms are willing and able to supply in ...View the full answer
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