Question: All data in real $ bn. On the graph below, the horizontal distance between AD0 and AD1 is 317. If the initial increase in autonomous

All data in real $ bn. On the graph below, the

All data in real $ bn. On the graph below, the horizontal distance between AD0 and AD1 is 317. If the initial increase in autonomous consumption that caused this rightward shift was 111, what does that tell us?

Price level AS P1 E1 EO PO AD AD1 YO Y1 Real $ bns

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