Suppose āc 0.75, ā¡ = 0.20, āg 0.20, āea 0.10, and āim 0.20. For any given %3D Rt, ā equals and the economy 0; is in its long-run equilibrium 1.05; has experienced a positive aggregate demand shock 0.45; has experienced a positive aggregate demand shock -0.15; has experienced a negative aggregate demand shock 0.05; has experienced a positive aggregate demand shock

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Suppose āc = 0.75, ā; = 0.20, āg = 0.20, āea = 0.10, and ājim
R+, ā equals
0.20. For any given
and the economy
O 0; is in its long-run equilibrium
O 1.05; has experienced a positive aggregate demand shock
O 0.45; has experienced a positive aggregate demand shock
O -0.15; has experienced a negative aggregate demand shock
O 0.05; has experienced a positive aggregate demand shock
Transcribed Image Text:Suppose āc = 0.75, ā; = 0.20, āg = 0.20, āea = 0.10, and ājim R+, ā equals 0.20. For any given and the economy O 0; is in its long-run equilibrium O 1.05; has experienced a positive aggregate demand shock O 0.45; has experienced a positive aggregate demand shock O -0.15; has experienced a negative aggregate demand shock O 0.05; has experienced a positive aggregate demand shock
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