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2.3.2 Short-run AS

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Question 1

Diagram 1 shows the aggregate demand (AD1AD_{1}AD1​) and short-run aggregate supply (SRAS1SRAS_{1}SRAS1​) for a national economy.

Diagram 1

Illustrate the short-run macroeconomic impact of a sharp increase in global energy prices on Diagram 1.

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2.3.2 Short-run AS Questions

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  2. /Economics
  3. /2.3.2 Short-run AS