Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

full employment level of nominal GDP

Suppose that the full employment level of nominalGDP rises in one year from ​$16.2 to ​$17.8 trillion. The​ long-run equilibrium price​ level, however, remains unchanged at 108.

By how much​ (in real​ dollars) has the​ long-run aggregate supply curve shifted to the right from one year to the​ next? ​$_____ trillion (round your answer to two decimal places).

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"