Thinking back to the discussion on the state of the macroeconomy, would you describe the economy...

Thinking back to the discussion on the state of the macroeconomy, would you describe the economy as booming, recovering, or in recession during the last few years? Why? Use the AD/AS model to illustrate this graphically. Which curve do you think caused the change? Explain your reasoning.

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Rahul Sunny answered 1 year ago

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