The Fed raises its target rate of inflation. Use an AD-AS diagram to show the short-run and

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The Fed raises its target rate of inflation. Use an AD-AS diagram to show the short-run and long-run effects on output and the inflation rate. Assume the economy starts in the long-run equilibrium.
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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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