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D Question 33 5 pts What is the monetary policy reaction function in the context of the AD-AS model. How do real interest rates respond

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D Question 33 5 pts What is the monetary policy reaction function in the context of the AD-AS model. How do real interest rates respond to changes in the output gap and changes in ination. Explain why these responses seem to be a reasonable way to model the behaviour of the monetary policymaker. Edit View Insert Format Tools Table 12pt v Paragraph v B I U a v i v T2 v

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