1. Using the AE-PC Model illustrate graphically the impact of each these factors in separate and neatly labeled diagrams
Posted: Fri Jul 01, 2022 8:12 am
1. Using the AE-PC Model illustrate graphically the impact of each these factors in separate and neatly labeled diagrams. You need to identify the impact on a particular curve, the direction of shift and the resulting impact on the equilibrium interest rates, inflation rates and GDP. Note: Label the axis please. (a) There is a sudden rise in oil prices (b) The US government raises spending.