2. Dynamic AD-AS model. What are likely explanations of the 2022-2023 developments in the economy of Turkiye? What kind of stabilisation policy is necessary as of the beginning of 2024? 600,000 Year- Business Inflation 590,000 cycle 580,000 2020 -4,8% 12% 570,000 2021 1,6% 19,6% 560,000 550,000 IV 2022 3,0% 72% 2022 2023 -1% 71% - YTURSA YTURSAT IV 2023

2. Dynamic AD-AS model. What are likely explanations of the 2022-2023 developments in the economy of Turkiye? What kind of stabilisation policy is necessary as of the beginning of 2024? 600,000 Year- Business Inflation 590,000 cycle 580,000 2020 -4,8% 12% 570,000 2021 1,6% 19,6% 560,000 550,000 IV 2022 3,0% 72% 2022 2023 -1% 71% - YTURSA YTURSAT IV 2023

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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