Tasks

Complete 6.02 AS-AD Model.

Task Instructions:

For each given situation, explain what will happen to price level and output. Depending on the shift of the curve, will the country be in a recessionary or inflationary gap? Start each scenario in long run equilibrium.

When you complete the task, submit it to 6.02 AS-AD Model Dropbox.

Go to the Quizzes section and take the 6.02 AS-AD Model Quiz.

 

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