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For many of the prompts that ask about how businesses and households would behave under different circ would remind you to focus your analysis on

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For many of the prompts that ask about how businesses and households would behave under different circ would remind you to focus your analysis on the macrolevel (households as a broad group/ businesses as a rather than on how a particular/individual business or household might behave. Prompt 1 (Unemployment and Inflation): Why is there a tradeoff between unemployment and inflation when the AD curve shifts

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