Basic economic question - AD-AS framework
Discussion
Hi,
I need some guidance please from any economists!
If there is an acceleration in the world's GDP what impact does it have on the UK's GDP, inflation and public sector borrowings.I need to understand it from a AD and AS framework point of view.
Any help would be appreciated. I am getting all confused!
I need some guidance please from any economists!
If there is an acceleration in the world's GDP what impact does it have on the UK's GDP, inflation and public sector borrowings.I need to understand it from a AD and AS framework point of view.
Any help would be appreciated. I am getting all confused!
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