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Create past the potential result

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Reference no: EM133180425

In the customary Keynesian utilization of the AS-AD model, the total stock bend is ?at at low degrees of result and becomes inelastic close to the place of expected result, which relates with full employment.[17] Since the economy can't create past the potential result, any AD extension will prompt more exorbitant cost levels rather than higher result.

Reference no: EM133180425

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