The economy is initially in short-run equilibrium when incomes taxes decline and productivity rises. If the change in aggregate demand is greater than the change in short-run aggregate supply, what will happen to the equilibrium price level and level of Real GDP
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Home » Business » The economy is initially in short-run equilibrium when incomes taxes decline and productivity rises. If the change in aggregate demand is greater than the change in short-run aggregate supply, what will happen to the equilibrium price level and