Question
Hi, Using the AS/AD framework, what happens both immediately and overtime if there is a short-lived positive demand shock, and a short-lived negative supply shock
Hi,
Using the AS/AD framework, what happens both immediately and overtime if there is a short-lived positive demand shock, and a short-lived negative supply shock (caused by increased energy prices) at the same time?
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
