Business
Business, 09.04.2021 04:20, xojade

An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs: a. A stock market boom increases the value of stocks held by households. b. Firms come to believe that a recession is likely in the near future. c. Anticipating the possibility of war, the government increases its purchases of military equipment. d. The quantity of money in the economy declines, and interest rates increase.

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An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shoc...

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