Suppose a dramatic increase in stock prices increases the real wealth of most households . Using the AD / AS model , illustrate and explain what the likely effect on the equilibrium level of GDP , price level , and unemployment is .

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06-11-2022
Business

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Suppose a dramatic increase in stock prices increases the real wealth of most households . Using the AD / AS model , illustrate and explain what the likely effect on the equilibrium level of GDP , price level , and unemployment is .

Sagot :

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