Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
inflat % agg dem” unemp % agg. supply
8 520 2 520
3.6 742 3 510
2 820 4 500
1.3 856 5 490
.9 876 6 480
.6 887 7 470
.5 895 8 460
.4 900 9 450
.3 904 10 440
12.Equilibrium GDP is 520_ 13.At equilibrium GDP inflation is 8_ %
14.At equilibrium GDP unemployment is 2_ %
15.To return inflation to 2% and unemployment to 4%, _ must be subtracted from each agg demand level.
16. For +10 points write the equation relating unemployment to aggregate supply.
17. for +30 points write the equation relating inflation to unemployment
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