Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 10, Problem 4NP

a)

To determine

The equilibrium values of output and the price level using the AD-AS curve.

b)

To determine

The equilibrium values of output and the price level using the AS-AD curve after the unanticipated increase in money supply.

c)

To determine

The equilibrium values of output and the price level using the AS-AD curve, after the increase in money supply as announced by F.

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