Question: Aggregate demand and aggregate supply can be used to analyse the linkage between the monetary and real sectors of the economy. Use the AD-AS model

Aggregate demand and aggregate supply can be used to analyse the linkage between the monetary and real sectors of the economy. Use the AD-AS model to illustrate the impact of a reduction in net exports on the general priceillustratethe impact of a evel and the level of real production and income in the economy.

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