Question: Part 1 1 : In Panel 2 , points d , f , and h reflect: a ) short - term non - neutrality of

Part 11: In Panel 2, points d, f, and h reflect:
a) short-term non-neutrality of money
b) the inflation tax
c) long-term neutrality of money
d) Keynesian under-employment equilibrium.
e) Classical dichotomy
Part 12: In Panel 2, points d, f, and h reflect:
a) menu costs
b) effect of high production costs from negative supply shocks
c) effect of imperfect information in Classical Aggregate Supply theory
d) Negative Aggregate Demand shock
e) effect of perfect competition in product and labour markets
Part 13: In Panel 2, points a, c, e, g, and k represent:
a) the long-run Monetary Neutrality curve
b) the long-run inflation-unemployment relationship
c) the long-run Keynesian-Classical Inflation curve
d) the short-run inflation-unemployment relationship
e) the long-run inflation curve
Part 1 1 : In Panel 2 , points d , f , and h

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