(Answered) Suppose that the full employment level ofnbspnominalnbspgdp

Economics

Suppose that the full employment level of nominal GDP rises in one year from ?$16.2 to ?$17.8 trillion. The? long-run equilibrium price? level, however, remains unchanged at 108.

By how much? (in real? dollars) has the? long-run aggregate supply curve shifted to the right from one year to the? next? ?$_____ trillion (round your answer to two decimal places).

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