Elucidate the two factors that can cause the nation real gdp

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Reference no: EM1349668

Assume that the Keynesian short-run aggregate supply curve is applicable to a nation's economy. Using the Grapher, create appropriate diagrams to assist in answering the following questions:

a. What are two factors that can cause the nation's real GDP to increase in the short run?

b. Elucidate the two factors that can cause the nation's real GDP to increase in the long run?

Reference no: EM1349668

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