What effect does opening the economy have on the aggregate demand curve? The aggregate supply curve? Is it possible that the long-run supply curve will shift to the right more rapidly in the open economy than in the closed economy? Why or why not?

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The Answer of What effect does opening the economy have on the aggregate demand curve? The aggregate supply curve? Is it possible that the long-run supply curve will shift to the right more rapidly in the open economy than in the closed economy? Why or why not?

What Effect Does Opening the Economy Have on the Aggregate