2. (LO 2) The economy of Carlsberg is presently in equilibrium but is suffering a recession as...
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2. (LO 2) The economy of Carlsberg is presently in equilibrium but is suffering a recession as depicted in Figure 9.11.
The central bank of Carlsberg is introducing an expansionary monetary policy to get the economy back to the full-employment level of real GDP.
a) What increase in aggregate demand is necessary to achieve this?
b) If successful, what will be the growth rate?
c) If successful, what will be the inflation rate?
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Ranadip Gangopadhyay
I am a PhD in Mathematics and currently a post doctoral fellow. My area of research is DIFFERENTIAL GEOMETRY. Also I have interest in other branches of pure mathematics as well. My area of expertise are- Topology, Geometry, Abstract and linear algebra, Functional analysis, Real analysis, Complex analysis etc.I can teach students mathematics such a way that they can visualise everything. Because mathematics is the language of the nature and most of the complicated looking formulas says something very beautiful properties of the nature.
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