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Answer to Question #15166 in Economics of Enterprise for Babu

Question #15166
Consider a macroeconomy was initially at equilibrium level of real GDP. Using an aggregate demand and aggregate supply diagram or model of the economy, graphically illustrate and discuss the short-run and long-run effects of the following events upon the economy:

​(a)​ The Central Bank within the economy lifts interest rates.
​ (b)​ There is an increase in private domestic investment spending.
(c) An increase in international oil prices.
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Comments

Assignment Expert
27.09.12, 15:44

Unfortunately, your question requires a lot of work and cannot be done for free.
Submit it with all requirements as an assignment to our control panel and we'll assist you.

hilary
26.09.12, 07:44

please give me the answer , I don't know how to do, thank you so much!

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