What gap-inflationary or recessionary-will economy face

Reference no: EM13243460

An economy is inlong-run macroeconomic equilibrium when each of the followingaggregate demand shocks occurs. What kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies would help move the economy back to potential output?

Reference no: EM13243460

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