The short-run effect of a change in autonomous expenditures is shown by the AD curve moving along the IA line.
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Q19: The medium run is usually
A)two to three
Q20: The initial response of real GDP to
Q21: Suppose real and potential GDP are initially
Q22: In economics, the short run is an
Q23: In the short run, when government purchases
Q25: The long-run overall effect of decreased government
Q26: If exports permanently decline, we would expect,
Q27: The IA line does not shift in
Q28: In the economic fluctuations model, the so-called
Q29: The long-run interest rate effect of decreased
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