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Macroeconomics Question

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Assume an economy that had a growth rate of 8% throughout 2009, growth rate of 7% throughout 2010 and a growth rate of 6% throughout 2011. If this trend continues, ceteris paribus, how can we depict the position of this economy on its business cycle? It would be on the ascending part before a boom right? Because its not growth that's reducing, its the growth rate?

Plus, if I were to draw an AD/AS diagram, with AD and AS moving left and right, I would finally have GDP equilibrium more than the previous GDP equilibrium right? Although in decreasing ratios. Am I correct with this?

Thank you.

Edited by wireman

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