Business, 22.11.2019 06:31 neariah24

Use the ad/as model below to answer the following questions. in each case, assume the economy starts in long- and short-run equilibrium. a. suppose the spread of democracy around the world increases consumer confidence in the united states. instuctions: drag the appropriate line in the correct direction to show the short-run effect on the ad/as model. this will: b. suppose the government takes no action to the economy. eventually, the price level and output . c. suppose, instead, the government decides to take action to the economy. you can recommend: . d. if the u. s. government makes the appropriate policy response, what happens to the price level and output in the long run. in the long run, the price level and output .

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Use the ad/as model below to answer the following questions. in each case, assume the economy starts...