Economics (MindTap Course List)
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Economics (MindTap Course List)
What is the difference between a change in the quantity supplied of Real GDP and a change in short-run aggregate supply?
Difference between changes in quantity supplied of real GDP and the change in the short-run aggregate supply (SRAS) curve.
A change in the quantity supplied of real GDP happens because of the change in the price level, and this causes movement along the short-run aggregate supply (SRAS) curve...
Chapter 8 Solutions
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