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Business, 01.07.2019 23:30 texas101st78

Each statement is related to the ad-as model. decide whether each statement refers to the aggregate demand curve, the short‑run aggregate supply curve, or both. represents a change in consumer response as overall prices change in the market. characterized by the wealth effect and the interest rate effect. determines the level of aggregate output in the economy. represents a change in producer response as overall prices change in the market.

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Each statement is related to the ad-as model. decide whether each statement refers to the aggregate...
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