Foundations of Economics, Student Value Edition (8th Edition)
Foundations of Economics, Student Value Edition (8th Edition)
8th Edition
ISBN: 9780134489230
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
Question
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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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