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Business, 09.08.2021 20:40 fatherbamboo

Suppose the economy is in long-run macroeconomic equilibrium and unemployment is at its natural rate. If policymakers decide to INCREASE aggregate demand, what will happen in the LONG RUN according to the expectations-augmented Phillips curve model

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Suppose the economy is in long-run macroeconomic equilibrium and unemployment is at its natural rate...
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