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Business, 22.10.2019 00:20, kealalac1

In the is–lm model when m/p rises, in short-run equilibrium, in the usual case the interest rate and output

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Business, 27.07.2019 17:20, chloeann5397
One news wire article in the text has the title "fed cuts key interest rate half-point to 1 percent." assuming the economy is in the upward sloping portion of the eclectic aggregate supply curve, what should happen to the price level and output as a result of the fed's action, ceteris paribus? the equilibrium price level and equilibrium output should both increase. the equilibrium price level should increase and equilibrium output should decrease. the equilibrium price level should decrease and equilibrium output should increase. the equilibrium price level and equilibrium output should both decrease.
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Business, 29.07.2019 12:30, princesskhj6932
The ad curve: a.explains long run fluctuations in output and inflation. b.shows how changes in equilibrium output affect the inflation rate. c.demonstrates how central banks respond to changes in interest rates by changing the inflation rate. d.all of the above. e.none of the above. 7.the ad curve: a.explains how inflation affects output in the short run. b.indicates the level of aggregate output corresponding to different goods-market-clearing levels of the interest rate. c.is downward sloping, because with higher inflation comes higher interest rates and lower spending, so equilibrium aggregate output declines. d.all of the above. e.none of the above.
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