6. Suppose that the economy is currently at potential output. Also suppose that you are an economic...
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6. Suppose that the economy is currently at potential output.
Also suppose that you are an economic policy maker and that a college economics student asks you to rank, if possible, your most preferred to least preferred type of shock: positive demand shock, negative demand shock, positive supply shock, negative supply shock. For those shocks that can be ranked, how would you rank them and why?
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