The country of Freeland has an aggregate demand curve determined by the equation Freeland also has a potential growth rate of 2%. Using this information, draw Freeland's aggregate demand (AD) and long-run aggregate supply (LRAS) curves on the graph. 12 LRAS 10 AD 8 7 3 2 0 2 1 012 34 5 6 789 10 Real GDP growth rate (%) What is the prevailing inflation rate in Freeland? prevailing inflation rate:

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