If actual output stays above potential output for some time, then we should expect. to rise and the Fed to respond by raising unplanned inventory investment; money supply O inflation; interest rates unemployment rate; interest rates money supply; interest rates ooo

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model
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If actual output stays above potential output for some time, then we should expect
to
rise and the Fed to respond by raising
unplanned inventory investment; money supply
inflation; interest rates
unemployment rate; interest rates
money supply; interest rates
Transcribed Image Text:If actual output stays above potential output for some time, then we should expect to rise and the Fed to respond by raising unplanned inventory investment; money supply inflation; interest rates unemployment rate; interest rates money supply; interest rates
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