pls help asap! how can positive ad shock lead to inflation?
so i've drawn a regular positive ad shock diagram on the multiplier model, (will attach an image below) but i'm confused where the inflationary gap goes in the diagram?
can someone help me update the diagram to explain the inflation?
thank you so much love y'all xx
can someone help me update the diagram to explain the inflation?
thank you so much love y'all xx
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