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joja [24]
3 years ago
6

IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)

, then one Risk is a movement toward Point "P" with _________________. The corresponding AS/AD Model would move from a Price Level of $2.00 to __________ .
Business
1 answer:
DerKrebs [107]3 years ago
8 0

Answer:

Severe Inflation

Above $2.34

Explanation:

If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model), then one Risk is a movement toward Point "P" with severe inflation. The corresponding AS/AD Model would move from a Price Level of $2.00 to above $2.34.

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