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While referring to the "EYE on YOUR LIFE" section on page 340 of the textbook, form a view about where the U.S economy is heading based on the economic concepts of the Aggregate Supply - Aggregate Demand Model. Based on the articles in the textbook chapter, what do you see as the main pressures on aggregate supply and aggregate demand? In which directions are they pushing or pulling the U.S. economy? Also, do you think the gap between real GDP and potential GDP will widen or narrow?

Microeconomics, Economics

  • Category:- Microeconomics
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