* Use the aggregate demandaggregate supply framework to show how a boom in equity prices might affect...
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* Use the aggregate demand–aggregate supply framework to show how a boom in equity prices might affect infl ation and output in the short run. In the absence of any policy change by the central bank, what would the long-run impact be on infl ation and output?
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Related Book For 
Money Banking And Financial Markets
ISBN: 9780073375908
3rd Edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
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