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You Are Presented with the Following Data, Which Shows Real

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You are presented with the following data, which shows real wages, employment, and M1 money supply, all indexed to 2007. You recall that a DSGE model predicts the behavior as shown in the figure. Which model is it? Explain.Figure 15.5: Real Wages, Employment, and M1: 2010-2015 You are presented with the following data, which shows real wages, employment, and M1 money supply, all indexed to 2007. You recall that a DSGE model predicts the behavior as shown in the figure. Which model is it? Explain.Figure 15.5: Real Wages, Employment, and M1: 2010-2015 (Source: FRED II)
(Source: FRED II)

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