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UsingtheAD/SRAS/LRASmodel(withthestickypriceversionoftheSRASmodel),graphtheimpactofthecoronavirus(COVID19)ontheUSeconomy.Whatshouldhappentooutputandinflationintheshortrun?Intheabsenceofpolicyintervention (byeitherthefiscalormonetaryauthorities),whatwouldhappentooutputandinflationinthelongrun?

UsingtheAD/SRAS/LRASmodel(withthestickypriceversionoftheSRASmodel),graphtheimpactofthecoronavirus(COVID19)ontheUSeconomy.Whatshouldhappentooutputandinflationintheshortrun?Intheabsenceofpolicyintervention (byeitherthefiscalormonetaryauthorities),whatwouldhappentooutputandinflationinthelongrun?

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