Nations real gdp to increase in the short run

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Reference no: EM13838244

Suppose that the Keynesian short-run aggregate supply curve is applicable for a nation's economy. Use 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. What are two factors that can cause the nation's real GDP to increase in the long run?

Reference no: EM13838244

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