Figure 17-3 
-In the figure above, suppose we are working under the assumption of the Lucas model. Suddenly, monetary policy becomes more expansionary and every firm believes that the higher prices bid on their product is not being enjoyed by any other firm. We would picture this as a movement between points
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The 44th President of the United States, serving from 2009 to 2017, and the first African American to hold the office.
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