, 26.12.2019layah7981

# 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?

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

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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