What is the impact of world aggregate supply

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What is the impact of World Aggregate Supply (WAS) on the trade deficit and domestic employment? Referring to the Aggregate Supply and Aggregate Demand model (AS/AD) and the material in Chapter 11 what challenges does structural stagnation pose for macro policy? Explain. What are the adjustments are required to mitigate structural stagnation?

Reference no: EM13771395

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