What is the equilibrium after aggregate supply changed? if, Ask an Expert

Economics

Some events change aggregate demand from SAS0 to SAS1. Describe two events that could have created this change in aggregate supply. What is the equilibrium after aggregate supply changed? If potential GDP is $1 trillion, does the economy have an inflationary gap, a recessionary gap, or no output gap?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9440901

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