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Business, 03.12.2021 19:10 edmistontrace53
in the year 2023, aggregate demand and aggregate supply in the fictional country of gizmet are represented by the curves ad2023 and as on the following graph. the price level is 102. the graph also shows two possible outcomes for 2024. the first potential aggregate demand curve is given by the ada curve, resulting in the outcome illustrated by point a. the second potential aggregate demand curve is given by the adb curve, resulting in the outcome illustrated by point b.
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