Consider a demand shock caused by a contraction in the quantity of money in the economy. Analyze the effect on the short-run equilibrium and the long-run equilibrium, with the price level and aggregate supply. Graph Analyze the effect on output, employment, and the natural rate of unemployment? Analyze short-run and long-run. Graph Analyze and compare adjustment effects with and without government intervention.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider a demand shock caused by a contraction in the quantity of money in the economy.

  1. Analyze the effect on the short-run equilibrium and the long-run equilibrium, with the price level and aggregate supply. Graph
  2. Analyze the effect on output, employment, and the natural rate of unemployment? Analyze short-run and long-run. Graph
  3. Analyze and compare adjustment effects with and without government intervention.
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