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(Solved): Explain, also using the appropriate graphs, the adjustment process in the ADAS model following an i ...
Explain, also using the appropriate graphs, the adjustment process in the ADAS model following an increase in the supply of money by the central bank. What are the effects on output and prices in the short term? And in the nedium term? Give an example of a policy able to increase the GDP permanently in the AS-AD model and show with the help of a graph the effects of that policy in he short and medium term.