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Economic Problem #1: Unemployment is at 3. The GDP grew at a rate of 5.5% last quarter and inflation is at 9%.
Economic Problem #1:
Unemployment is at 3.9%. The GDP grew at a rate of 5.5% last quarter and inflation is at 9%. As a member of Congress you must, formulate a policy that will address this problem.
A. Draw the Aggregate Demand Curve and the Aggregate Supply Curve that reflects the state of this economy.
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I don't understand the aggregate Demand and Supply curve