Question: On the topic about models for the aggregate demand and aggregate supply of real goods and services in the economy. Briefly explain and illustrate the

On the topic about models for the aggregate demand and aggregate supply of real goods and services in the economy. Briefly explain and illustrate the effects on the aggregate supply curves, aggregate demand, equilibrium (aggregate) price (level) and equilibrium (aggregate) real output or GDP of a rise in oil prices in the 1970s and an increase in real money supply.

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