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Use the following graph to answer the following questions.The graph depicts an economy where aggregate demand and long-run aggregate supply (LRAS) have decreased,with no change in short-run aggregate supply (SRAS) .
-During the Great Recession,real gross domestic product (GDP) fell,yet the price level was largely unchanged,as depicted in the graph.Because of this,we know that ________ during the recession.
Audience Members
Individuals who are present as spectators or listeners at an event, such as a concert, play, or lecture.
Programmable Robots
Machines designed to perform complex tasks that can be customized and controlled through programming.
Columbine High School
The site of a tragic mass shooting that occurred on April 20, 1999, in Littleton, Colorado, bringing attention to issues of gun control and school safety.
Littleton, Colorado
A city located in the state of Colorado, United States, known for its suburban setting and as the site of Columbine High School, where a notable school shooting occurred in 1999.
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