Why might it be important for policy makers to know which in zone of the SRAS curve the economy is?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter24: The Aggregate Demand/aggregate Supply Model
Section: Chapter Questions
Problem 21RQ: What is the economic reason why the SRAS curve slopes up?
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Why might it be important for policy makers to know which in zone of the SRAS curve the economy is?

 

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