Question: The Medium Run AS-AD Model A. The US economy was sent into a recession by the external shock of the Covid pandemic. Using the

The Medium Run AS-AD Model A. The US economy was sent into

The Medium Run AS-AD Model A. The US economy was sent into a recession by the external shock of the Covid pandemic. Using the AS-AD model, show and explain the impact and how the economy is supposed to recover and move back to potential output (Yn) in the medium run

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