Introduction to AD-AS Diagrams and Analysis

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Business
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11th Grade - University
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Hard
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What impact do changes in the price level have on the competitiveness of an economy's goods and services?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the relationship between real output and employment as indicated by the AD/AS model.
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