In the late 1990s, a growing number of economists argued that world policy makers were focusing too

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In the late 1990s, a growing number of economists argued that world policy makers were focusing too much on fighting inflation. The economists also argued that the technical level of potential output had risen. Show their argument using the AS/AD model.
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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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