Line-up corners with transparency’s corners

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Presentation transcript:

Line-up corners with transparency’s corners Line-up corners with transparency’s corners . No need to re-draw existing lines. Team: _____ (A) (B) You will be given four changes to the economy: A, B, C, and D. For each, decide if there is a shift and how to model the change graphically. Draw in shifts of the SRAS and/or AD curves (if necessary). Label the Aggregate Price Level and Real Aggregate Output that results. Spokesperson needs to explain your graphs. SRAS1 SRAS1 Aggregate Price Level Aggregate Price Level AD1 AD1 Real Aggregate Output Real Aggregate Output (C) (D) SRAS1 SRAS1 Aggregate Price Level Aggregate Price Level AD1 AD1 Real Aggregate Output Real Aggregate Output Created by W. Edward Chi, Moreno Valley College