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question 99

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Use the following to answer questions: Use the following to answer questions:   -(Figure: AD-AS)  Refer to Figure: AD-AS. If our economy is at equilibrium and the Fed uses expansionary monetary policy, _____ will shift to _____ and the economy will move from _____. Then nominal wages will _____ and _____ will shift to _____. The economy will move from _____. A)  AD<sub>2</sub>; AD<sub>1</sub>; E<sub>2 </sub>to E<sub>1</sub>; rise; SRAS<sub>1</sub>; SRAS<sub>2</sub>; E<sub>2 </sub>to E<sub>3</sub> B)  SRAS<sub>1</sub> ; SRAS<sub>2 </sub>; E<sub>2 </sub>to E<sub>3</sub>; stay the same; AD<sub>2</sub>; AD<sub>1</sub>; E<sub>2 </sub>to E<sub>1</sub> C)  SRAS<sub>2</sub>; SRAS<sub>1</sub>; E<sub>3 </sub>to E<sub>2</sub>; stay the same; AD<sub>2</sub>; AD<sub>1</sub>; E<sub>2 </sub>to E<sub>1</sub> D)  AD<sub>1</sub>; AD<sub>2</sub>; E<sub>1 </sub>to E<sub>2</sub>; rise; SRAS<sub>1</sub>; SRAS<sub>2</sub>; from E<sub>2 </sub>to E<sub>3</sub>
-(Figure: AD-AS) Refer to Figure: AD-AS. If our economy is at equilibrium and the Fed uses expansionary monetary policy, _____ will shift to _____ and the economy will move from _____. Then nominal wages will _____ and _____ will shift to _____. The economy will move from _____.


Definitions:

Arrays Of Structures

A data structure in C and C++ that allows storing multiple instances of structs in an array format.

Data Items

Units of data that are manipulated or processed by computer programs, ranging from simple values to complex structures.

Reordered

Refers to changing the sequence or arrangement of items in a collection or series.

Parallel Arrays

Multiple arrays of the same size where each array holds information related to the same indexed elements in the other arrays.

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