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Author Question: Refer to Figure 15-11. In the dynamic model ofAD-ASin the figure above, if the economy ... (Read 75 times)

stephzh

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on: Mar 16, 2019

Figure 15-11











Refer to Figure 15-11.  In the dynamic model of AD-AS in the figure above, if 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 no policy, then at point B


◦ there is pressure on wages and prices to rise.
◦ the unemployment rate is very, very low.
◦ firms are operating above their normal capacity.
◦ the economy is below full employment.
◦ incomes and profits are rising.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by stephzh on Mar 16, 2019

wuly

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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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stephzh

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Reply #2 on: Mar 16, 2019
Excellent


wuly

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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