How does the slope of the AS curve affect the size of the AD shortfall? If the

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How does the slope of the AS curve affect the size of the AD shortfall? If the AS curve were horizontal, how large would the AD shortfall be in Figure 11.3?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

Question Posted: May 03, 2018 09:29 AM

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How does the slope of the AS curve affect the size of the AD shortfall? If the

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