The late 1990s in the United States was characterized by substantial economic growth with low inflation ; that is , real GDP increased with little ,...
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15) The late 1990s in the United States was characterized by substantial economic growth with low inflation; that is, real GDP increased with little, if any, increase in the aggregate price level.

Explain this experience using aggregate demand and aggregate supply curves. Illustrate with a diagram.a.Increase by 20 billionb.Decrease by 50 billionc.Reduce by 20 billion
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