Question: Compare the AD curve in the standard (static) ADAS model with the DAD curve from the dynamic ADAS model. The DAD curve O is drawn

 Compare the AD curve in the standard (static) ADAS model with

Compare the AD curve in the standard (static) ADAS model with the DAD curve from the dynamic ADAS model. The DAD curve O is drawn for a given level of the money supply O is upward-sloping in the short run O is drawn for a given money policy rule O shifts rightward when the government spends more, whereas the static AD curve doesn't

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