Question: Exercise 2 Beginning at longrun equilibrium, a. use the aggregate demand and aggregate supply model to illustrate what happens in the short run when the

 Exercise 2 Beginning at longrun equilibrium, a. use the aggregate demand
and aggregate supply model to illustrate what happens in the short run

Exercise 2 Beginning at longrun equilibrium, a. use the aggregate demand and aggregate supply model to illustrate what happens in the short run when the economy Suffers a Supply shock, and h. use the aggregate supply and demand model to illustrate what happens in the long run following this supply shack

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