Illustrate effect of increase in long-run aggregate supply, Macroeconomics

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Illustrate effect of increase in long-run aggregate supply

Problem

In the diagram for this exercise, sketch a line representing a long-run aggregate supply at $10 trillion. Illustrate the effect of an increase in long-run aggregate supply. Then illustrate the effect of a decrease in long-run aggregate supply.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Illustrate effect of increase in long-run aggregate supply

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