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Draw a dynamic aggregate demand and aggregate supply graph to illustrate your answer. Make sure that your graph contains LRAS curves, SRAS curves and AD

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Draw a dynamic aggregate demand and aggregate supply graph to illustrate your answer. Make sure that your graph contains LRAS curves, SRAS curves and AD curves for 2017 and for 2018, with and without monetary policy action, as well as equilibrium real GDP and the price level in 2018 with and without monetary policy. (14 marks)

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