Aggregate Price Level Output (SRAS) Output (Aggregate Demand) 150 1,000 200 125 800 400 100 600 600 75 400 800 50 200 1,000 A. If the economy experiences “self-correction”, how much would the SRAS curve need to shift in order for the economy to return to full-employment output at 600? What would be the new equilibrium aggregate price level.
Aggregate
150 1,000 200
125 800 400
100 600 600
75 400 800
50 200 1,000
A. If the economy experiences “self-correction”, how much would the SRAS curve need to shift in order for the economy to return to full-employment output at 600? What would be the new
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