Suppose the european and japanese economies succumb to a recession and reduce their demand for u. s. goods for several years. using as/ad framework, explain the macroeconomic consequences of this shock, both immediately and over time assume that the economy begins in steady state. at t=5, the foreign demand for u. s. goods drops for two periods. we model this as a drop in a, which becomes negative, at t=5 and t=6. at t=7, demand goes back to its long-run level, meaning a = 0 for t=7 and all future periods. a. show in a graph the as and ad curves at t=4, 5, 6, 7, and 8. b. show in the same graph the equilibrium (πt,ȳt) at t = 4, 5, 6, 7 and 8. c. show in three graphs the plots of: i) a vs t, ii)πt, vs t, and iii) yt vs t d. provide intuitions. what is happening at the time of the shock (t=5)? what is happening in the following periods? does the economy go back to the initial steady state or does it converge to a different one?


someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !

answer: 11/12

step-by-step explanation: 4 1/4 and 3 1/3 is equivalent to 4 3/12 and 3 4/12. 4 3/12 - 3 4/12 =11/12

the one on the far right

answer; ///i believe that the correct answer is (d) ///all of the

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