QUESTION 1 Suppose that the IS curve and monetary policy curve are given, respectively, by Y=25-F and FM- Solve for the
Posted: Sun Jul 03, 2022 1:02 pm
QUESTION 1 Suppose that the IS curve and monetary policy curve are given, respectively, by Y=25-F and FM- Solve for the aggregate demand curve 100-4Y 1 R-100--Y x=400-4Y *400--Y QUESTION 2 Suppose that the Phillip's curve and Okun's law are given, respectively, by *-*'-(U-U) and U-U*---(Y-Y') where is expected inflation is the natural rate of unemployment, and yis potential output Supposing that 22 U4 andy24 solve for the aggregate supply curve. O 0-10+ *-10- ---