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Use the figure below to answer the following questions.
Figure 28.2.3
-Refer to Figure 28.2.3. Assume that the figure illustrates an economy initially in equilibrium at the intersection of the SAS₀ curve and the AD₀ curve. If the aggregate demand curve is correctly expected to shift to AD₁, new equilibrium real GDP is ________ and the new equilibrium price level is ________.
Colonial Population
The number of people settling in lands controlled by a foreign power, often referring to the era of European global colonization.
Non-English Origin
Referring to individuals, cultures, or items that originate from countries or regions where English is not the primary language.
Slave Women
Female individuals subjected to slavery, emphasizing their specific experiences, struggles, and contributions within the historical context of slavery.
Slave Men
Refers to male individuals who were subjected to slavery, forced labor, and dehumanization without rights or freedoms, historically widespread across various societies.
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