Recessions can be caused either due to leftward shift in, Business Economics

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Recessions can be caused either due to leftward shift in

Recessions can be caused either due to leftward shift in the aggregate demand (AD) curve or leftward shift in the short run aggregate supply (SRAS) curve. Compare changes in the price level for are cession resulting from a shift in the AD to that of a recession resulting from a shift in the SRAS.

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