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Using the AS-AD model, explain what happens when a permanent negative supply shock hits the economy. | Homework.Study.com
![Explain and demonstrate graphically the effects of a negative supply shock. What happens to the economy if no action is taken? What happens if monetary and or fiscal policy is used to Explain and demonstrate graphically the effects of a negative supply shock. What happens to the economy if no action is taken? What happens if monetary and or fiscal policy is used to](https://homework.study.com/cimages/multimages/16/nishant20028314064756583960163.jpg)
Explain and demonstrate graphically the effects of a negative supply shock. What happens to the economy if no action is taken? What happens if monetary and or fiscal policy is used to
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Using the AS-AD model, explain what happens when a temporary negative supply shock hits the economy. | Homework.Study.com
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Solved: Chapter 24 Problem 23AP Solution | Economics Of Money, Banking And Financial Markets, The 11th Edition | Chegg.com
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