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(a)Using a graph showing aggregate demand,short-run aggregate supply,and long-run aggregate supply,illustrate an economy that faces an inflationary gap.
Recorded
The act of documenting transactions or events in financial records or other types of logs.
Earned
Income, benefits, or rights obtained as a result of work or contribution.
Invoice
A document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided.
Credit Purchase
The acquisition of goods or services with an agreement to pay later, usually within an agreed period.
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