Answer to Question #139976 in Macroeconomics for Ayanda

Question

the South african economy expanded on annualised 2.5percent on quarter in the three months of June 2017 ending 2 quarters of contraction and beating the market expectations of a 2.1 percent rise . It is the highest growth rate in the year with agriculture, forestry and fishing making the largest upward contribution use the AD -AS model to illustrate the effect of such growth on the general price level and the aggregate output of the South African economy

Answer 1

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