Unformatted text preview: will create? < r* c. Describe the automatic economic adjustment pfqcess^jjnd the new long-run equilibrium for the economy. Please draw on the diagram with corresponding changes. /)P- 6~f Z-f & 4 /!// \L (L d. Explain how the composition of real GDP has changed from the initial to the new long-run equilibrium....
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- Summer '09
- Economics, d., long-run equilibrium, equilibrium GDP, automatic economic adjustment