-Based on the diagram above,starting from a long-run equilibrium at point C,an upward inflation shock that increases inflation from 
To 11ec9ae2_bd79_1ce7_a39a_a9c7bc0c6307_TB34225555_11
1 will lead to a short-run equilibrium at point ________,creating _________ gap.
Definitions:
Probability
The quantification of the probability of an event happening, represented by a numerical value ranging from 0 to 1.
Total Income
The sum of all earnings or revenue generated by an individual or entity, including wages, investment returns, and other sources.
Wealth
The total value of all financial assets and physical possessions owned by an individual or entity, minus any liabilities owed.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
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