in the economy of scottopia, policy makers want to lower the unemployment rate and raise real gdp by using monetary policy. in the accompanying diagram, shift the ad, lras, and/or sras curves and move the equilibrium point to its new position to show why this policy will ultimately result in a higher aggregate price level but no change in real gdp.

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10-12-2022
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in the economy of scottopia, policy makers want to lower the unemployment rate and raise real gdp by using monetary policy. in the accompanying diagram, shift the ad, lras, and/or sras curves and move the equilibrium point to its new position to show why this policy will ultimately result in a higher aggregate price level but no change in real gdp.

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namrata421 namrata421 · Answer 1 · 2022-12-16T11:45:22+01:00

A higher overall price level with no corresponding change in actual GDP The rate of unemployment is equal to the natural rate of unemployment when an economy is producing at its full employment output.

Which of the following best describes inflation that is still taking place, but more slowly?

Deflation, the antithesis of inflation, is primarily caused by shifts in supply and demand. Disinflation, on the other hand, shows how quickly inflation changes over time. Inflation is still beneficial even though it is declining over time.

What remedies are available for the growing unemployment?

To lower unemployment, industrial activity needs to be decentralized. There will be fewer job prospects in a region where industrial activity is concentrated.

To know more about unemployment visit:-

https://brainly.com/question/14227610

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