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b) (20 points) In the space below, use the Lucas Island Model to provide an explanation as to why money is leading and pro-cyclical according

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b) (20 points) In the space below, use the "Lucas Island Model" to provide an explanation as to why money is leading and pro-cyclical according to the New Classical Economists. Be sure to include a completely labeled AS/AD diagram and an explanation of what we mean exactly by a Lucas Aggregate supply curve (along with the intuition underlying it). Finish your essay by discussing whether or not money is neutral in this New Classical model and why

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