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The United States is currently experiencing inflationary gap (a) Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show each of the following. Take a picture of your hand-drawn model and upload the image into the text box. (5 Points) (i) The current equilibrium real output and price level, labeled as RDGP1 and PL1 , respectively (ii) The full-employment output, labeled as E1
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