Question: 2. Scenario: Starting from long-run equilibrium, graphically illustrate and explain what happens to RGDP, the average price level, and unemployment if consumer confidence decreases. Question:

2. Scenario: Starting from long-run equilibrium, graphically illustrate and explain what happens to RGDP, the average price level, and unemployment if consumer confidence decreases. Question: The graphical illustration of long-run equilibrium includes AD, SRAS, and LRAS? True False

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