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Equilibrium in macroeconomics (neo-classical perspective)

This page contains the student activities for the teacher page: Equilibrium in macroeconomics (neo-classical perspective) Macroeconomic equilibrium - where aggregate supply is equal to aggregate demand. Inflationary gap - inflationary pressure created by the current (or SR) equilibrium being above the full employment (or LR) equilibrium. Contractionary / recessionary gap - where the level of national output is...

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Equilibrium in macroeconomics (neo-classical perspective)

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