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Business, 15.11.2019 22:31 isabelsmhl

Optimism imagine that the economy is in long-run equilibrium. then, perhaps because of improved international relations and increased confidence in policy makers, people become more optimistic about the future and stay this way for some time. refer to optimism. which curve shifts and in which direction? aggregate demand shifts right aggregate demand shifts left aggregate supply shifts right. aggregate supply shifts left. refer to optimism. in the short run what happens to the price level and real gdp?

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