Visualizing Paths with the Short-run Natural Real Rate... via Miles Kimball - Effective Demand Research
![We have seen that short-run equilibrium output falls when the Fed raises the real interest rate. Suppose the relationship between short-run equilibrium output and the real interest rate r set by the We have seen that short-run equilibrium output falls when the Fed raises the real interest rate. Suppose the relationship between short-run equilibrium output and the real interest rate r set by the](https://homework.study.com/cimages/multimages/16/3_correcte6588356691397646704.jpg)
We have seen that short-run equilibrium output falls when the Fed raises the real interest rate. Suppose the relationship between short-run equilibrium output and the real interest rate r set by the
![Norman 1. Assume that the U.S economy is in long-run equilibrium with an expected inflation rate of 6% and an unemployment rate of 5%. The nominal interest. - ppt download Norman 1. Assume that the U.S economy is in long-run equilibrium with an expected inflation rate of 6% and an unemployment rate of 5%. The nominal interest. - ppt download](https://images.slideplayer.com/27/9142066/slides/slide_2.jpg)