Question: Thankssssssssssss Applying the aggregate demand/aggregate supply model, and assuming there is a small amount of cyclical unemployment, illustrate and describe the impact on GDP and

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Applying the aggregate demand/aggregate supply model, and assuming there is a small amount of cyclical unemployment, illustrate and describe the impact on GDP and prices of each of the following events: a. An increase in investment [2 marks] b. A decrease in labour productivity [2 marks] c. An increase in interest rates [2 marks] d. A decrease in crude oil prices [2 marks]

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