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Textbook Site for:
Macroeconomics , Sixth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
AD/AS Analysis and the U.S. Economy


Examine the analysis of recent changes in GDP provided by Bureau of Economic Analysis.

Questions

  1. What shifts in aggregate demand and/or short-run aggregate supply were responsible for the most recently reported changes in GDP?
  2. For each factor listed, explain why it would cause the AD or AS curve to shift.




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