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b. On the plots below, diagram the impact of the increase in money supply. Use a solid line to do this! Be sure to include
b. On the plots below, diagram the impact of the increase in money supply. Use a solid line to do this! Be sure to include the time period immediately before the increase and the time immediately after the economy reached the nal steady state. The dashed lines indicate where the previous period ended and the next one begins. (15) Real GDP Time Price Level Time Real Interest Rate Time Nominal Interest Rate Time Unemp. Rate Time Increase Short 1n Run 11110511? MS Concludes/ Concludes Long Run Begins
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