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Refer to the following figure when answering the following questions.
Figure 13.3: Aggregate Supply Curve
-Consider Figure 13.3. If there is a positive inflation shock, ceteris paribus, the economy would move from point ________ to point ________.
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Q28: In the simple monetary policy rule <img
Q56: The federal funds rate is the rate
Q69: We can treat all households as homogeneous.
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Q100: Prior to the recent financial crisis, the