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MAE203 Global Economy - Individual Assignment

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MAE203 Global Economy - Individual Assignment

Question 3. (Total = 6 Marks)
[One mark each for Questions 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6]

Economics

3.6 If the RBA’s chosen type of monetary policy has the desired impact on AD and the economy, at which point in the graph will the economy be both in long-run equilibrium and short-run equilibrium? (1 mark)

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