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    Currencies AS/AD Model

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    16. Using the AS/AD model on the graph below demonstrate/draw in the effect from the real problem on the general economy associated with each of the following events in the last year.. Label clearly all lines and movements/shifts.

    For a): The deep fall in the stock market Fall 2008 to early March 2009 on Aggregate Demand

    For b): The sharp fall in oil prices on Aggregate Demand and Aggregate Supply.

    © BrainMass Inc. brainmass.com March 4, 2021, 9:29 pm ad1c9bdddf
    https://brainmass.com/economics/aggregate-demand-and-supply/currencies-as-ad-model-248329

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    Problem
    Posting ID: 248329
    How to Respond to Problems?
    Subject: Economics Topic: Macroeconomics Level: Year 1
    currencies
    see attached
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    Solution Summary

    The expert examines currencies using the AS/AD model.

    $2.49

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