EBK FOUNDATIONS OF ECONOMICS
EBK FOUNDATIONS OF ECONOMICS
8th Edition
ISBN: 8220103632225
Author: PARKIN
Publisher: PEARSON
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Chapter 29, Problem 8SPPA
To determine

To explain:

The possible events that cause shift in the aggregate supply, the new equilibrium point and whether an inflationary, recessionary or no gap will be created if the potential GDP is $1 trillion.

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