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Natural Rate Model. There is a rise in G. Explain and diagrammatically represent what happens to P, Y, W, and N in the short run
Natural Rate Model. There is a rise in G. Explain and diagrammatically represent what happens to P, Y, W, and N in the short run and in the long run. Next, draw the short-run and long-run Phillips curves consistent with your results. Please help me with diagrammatically
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