Question: Graph Initial Aggregate Demand/Aggregate Supply/Long Run Aggregate Supply and the shifts resulting from the scenario. 1. Before: 2. Shifter 3. After: 4. The US cuts

Graph Initial Aggregate Demand/Aggregate Supply/Long Run Aggregate Supply and the shifts resulting from the scenario.

1. Before: 2. Shifter 3. After: 4. The US cuts Federal spending for the military by $4 billion. 4. Prices: 5. Output: 6. Employment: 7. Gap: 1. Before: 2. Shifter 3. After: 4. The US cuts Federal spending for the military by $4 billion. 4. Prices: 5. Output: 6. Employment: 7. Gap

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