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What happens if the economy is at its long-run equilibrium and aggregate demand increases

 What happens if the economy is at its long-run equilibrium and aggregate demand increases?

 

 

 

21) If the world economy expands so that foreign demand for U.S.-made goods increases, in the short run what will happen to aggregate demand, the price level, and real GDP in the U.S.?

 

 

22) Compare the policy prescriptions of Keynesian, Classical, and Monetarist economists.

Dec 07 2019 Read more Less More

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