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Aggregate supply curve shifted to the right

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Suppose that the full employment level of nominal GDP rises in one year from $16.8 to $18.0 trillion. The long run equilibrium price level, however, remains unchanged at 120. By how much (in real dollars) has the long run aggregate supply curve shifted to the right from one year to the next? Round your answer to two decimal places.

Reference no: EM131587094

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