Question: Set up an aggregate demand-aggregate supply model in the long run equilibrium. Be sure to label all parts of the graph. Now assume that investor

Set up an aggregate demand-aggregate supply model in the long run equilibrium. Be sure to label all parts of the graph. Now assume that investor confidence in the economy has increased. What change, if any, will occur in the real GDP, the price level? What is the implied change, if any, in the unemployment rate? What type of unemployment makes up the implied change? Be sure to show all changes on the graph and provide a thorough explanation

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