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Compare the AD curve in the standard (static) ADAS model with the DAD curve from the dynamic ADAS model. The DAD curve O is drawn
Compare the AD curve in the standard (static) ADAS model with the DAD curve from the dynamic ADAS model. The DAD curve O is drawn for a given level of the money supply O is upward-sloping in the short run O is drawn for a given money policy rule O shifts rightward when the government spends more, whereas the static AD curve doesn't
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