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can your answer this monatery policy question correctly ? Auland's economy entered a recession with increasing unemployment and decreasing output, i.e., the actual output is

can your answer this monatery policy question correctly ?

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Auland's economy entered a recession with increasing unemployment and decreasing output, i.e., the actual output is less than potential output (Yp). This situation is graphically illustrated based on the AD-AS model as follows: Price level (P) LRAS SRAS, AD Quantity of output (Y) a) Given the current situation of Auland, what kind of monetary policies should the Central Bank use to restore the economy to its natural rate. Graphically illustrate your answer on the money market. Explain the changes in the interest rate (r) and quantity of money in the system. b) Now graphically show how your answers in part (a) has an impact on the goods market. Explain in words why the policy has an impact on the aggregate output and the aggregate price level

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