True/False
If AD shifts to the right when the output gap is small then both national income and prices will rise quickly.
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Related Questions
Q2: The aggregate supply curve would shift to
Q3: Diagram 1 Q4: The aggregate supply curve can shift because Q5: The actual output gap is difficult to Q6: The new Keynesian short-run aggregate supply is Q8: Refer to diagram 2 below, if supply-side Q9: The aggregate supply curve shifts to the Q10: The more elastic that supply and demand Q11: Diagram 1 Q12: When the output gap is large then
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