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Author Question: Refer to Figure 15-7. Suppose the economy is in short-run equilibrium above potential ... (Read 137 times)

Yi-Chen

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on: Mar 16, 2019

Question 1

Figure 15-7









Refer to Figure 15-7.  Suppose the economy is in a recession and the Fed pursues an expansionary monetary policy. Using the static AD-AS model in the figure above, this would be depicted as a movement from


◦ A to B.
◦ B to C.
◦ C to B.
◦ A to E.
◦ C to D.

Question 2

Figure 15-7









Refer to Figure 15-7.  Suppose the economy is in short-run equilibrium above potential GDP, the unemployment rate is very low, and wages and prices are rising. Using the static AD-AS model in the figure above, the correct Fed policy for this situation would be depicted as a movement from


◦ A to B.
◦ B to C.
◦ C to B.
◦ A to E.
◦ C to D.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by Yi-Chen on Mar 16, 2019

pocatato

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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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Yi-Chen

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Reply 2 on: Mar 16, 2019
:D TYSM

bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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