Investments in physical and human capital can increase the value of Potential GDP in the economy. How
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Investments in physical and human capital can increase the value of Potential GDP in the economy. How would you represent this in the Aggregate Demand and Aggregate Supply model?
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In the Aggregate Demand and Aggregate Supply ADAS model potential GDP represents the level of real GDP that the economy can produce when all factors o...View the full answer
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Related Book For 
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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