Draw correctly labeled side-by-side graphs of the money market and AD-AS economy in LRE.
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Advanced Placement (AP), 05.05.2020 10:25 rubianny03
Draw correctly labeled side-by-side graphs of the money market and AD-AS economy in LRE.
part a. Assume the Fed conducts contractionary monetary policy. Reflect the short-run effect of this policy in your money market and AD-AS graphs.
part b. What will happen in the long run in the money market?
Answers: 1
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