In December 2022, which marked the end of the fourth quarter, which section of the Short Run Aggregate Supply Curve - Keynesian, intermediate, or neoclassical - was the United States economy operating in? Kindly provide an explanation. Also, please compare the general condition of the economy in the fourth quarter of 2022 to that of the same period in 2019.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model
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In December 2022, which marked the end of the fourth quarter, which section of the Short Run Aggregate Supply Curve - Keynesian, intermediate, or neoclassical - was the United States economy operating in? Kindly provide an explanation. Also, please compare the general condition of the economy in the fourth quarter of 2022 to that of the same period in 2019.

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