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-In the above figure, if we start at and
, and the money supply increases unexpectedly, what would be the long-run equilibrium?
Recessional Moraine
A ridge of debris deposited at the point of furthest retreat of a glacier or ice sheet.
Continental Ice Sheet
A vast expanse of ice covering a large portion of a continental area, often thousands of kilometers wide and extremely thick.
Teardrop-Shaped Hills
Elongated hills formed by the erosion of underlying soft rock covered by a harder rock cap, often found in arid climates.
Hanging Valley
A glacial valley whose mouth is higher than the bottom of a larger glacially carved valley it joins.
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