anarobles1460 anarobles1460
  • 25-11-2022
  • Business
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(Figure: Output Gap) Look at the figure Output Gap. If the economy is at Y1 as a result of expansionary monetary policy and no further policy is implemented, in the long run nominal wages will _____ and shift the short-run aggregate supply curve to the _____, which will _____ real output.
increase; left; decrease

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