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Author Question: Refer to Figure 16-5. In the dynamic model ofAD-ASin the figure above, if the economy is ... (Read 81 times)

beccaep

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on: Mar 16, 2019

Question 1

Figure 16-5











Refer to Figure 16-5.  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, Congress and the president would most likely


◦ decrease government spending.
◦ increase government spending.
◦ increase oil prices.
◦ increase taxes.
◦ lower interest rates.

Question 2

Figure 16-5











Refer to Figure 16-5.  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 no fiscal or monetary policy is pursued, then at point B


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

Jmfn03

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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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beccaep

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Reply #2 on: Mar 16, 2019
Thanks


Jmfn03

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Reply #3 on: Mar 16, 2019
Welcome :)


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