Suppose We Assume That Initially $\bar { a } = 0 , \bar { b } = 1 , R _ { t } = \bar { r } = 5 \%$

question 114

True/False

Suppose we assume that initially $\bar { a } = 0 , \bar { b } = 1 , R _ { t } = \bar { r } = 5 \%$ if $\bar { a } _ { c }$ rises 2 percent and the real interest rate rises 2 percent, short-run output rises 2 percent.

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