Explain the cause of the effects, Macroeconomics

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Explain the cause of the effects

Problem

Use AD and SRAS analysis to illustrate the results of the following events on the U.S. economy. Do not draw an LRAS curve. Next to a clearly and correctly labeled graph, explain the cause of the effects. You will upload a photo of your graph + explanation. EVENT ONE: There is a 25% decrease in the price of wheat.

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Macroeconomics: Explain the cause of the effects

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Macroeconomics: Explain the cause of the effects

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