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If the economy is above long-run equilibrium output, what will happen in the long run if SRAS adjusts
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If the economy is above long-run equilibrium output, what will happen in the long run if SRAS adjusts
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Apr 16, 2022
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If the economy is above long-run equilibrium output, what will happen in the long run if SRAS adjusts
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Answer:
Prices rise and output decreases.
Austin Downey
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Apr 20, 2022
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