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Macroeconomic Shocks & Policies

Question 14

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Macroeconomic Shocks & Policies Macroeconomic Shocks & Policies -On the graphs above,show how the central bank implements a decrease in the inflation target.In words,explain why the change in the real interest rate is temporary.
-On the graphs above,show how the central bank implements a decrease in the inflation target.In words,explain why the change in the real interest rate is temporary.

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The graphs resemble Fig.13.10 with all s...

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