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Author Question: Refer to Figure 15-12. In the dynamicAD-ASmodel, the economy is at pointAin year 1 and ... (Read 93 times)

james9437

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on: Mar 16, 2019

Figure 15-12









Refer to Figure 15-12.  In the dynamic AD-AS model, the economy is at point A in year 1 and is expected to go to point B in year 2, and the Federal Reserve pursues policy. This will result in


◦ unemployment rates higher than what would occur if no policy had been pursued.
◦ inflation rates higher than what would occur if no policy had been pursued.
◦ potential real GDP levels lower than what would occur if no policy had been pursued.
◦ real GDP levels higher than what would occur if no policy had been pursued.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by james9437 on Mar 16, 2019

mcabuhat

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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james9437

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review

Viet Thy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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