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Author Question: Refer to Figure 16-6. In the dynamic model ofAD-ASin the figure above, if the economy is ... (Read 33 times)

cool

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on: Mar 16, 2019

Figure 16-6











Refer to Figure 16-6.  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 at below capacity.
◦ the economy is below full employment.
◦ income and profits are falling.
◦ there is pressure on wages and prices to fall.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by cool on Mar 16, 2019

katheyjon

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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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cool

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Reply #2 on: Mar 16, 2019
Excellent


katheyjon

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


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