2 Graph the AE equation both before and after the shock on one graph and also

2 graph the ae equation both before and after the

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2.Graph the AE equation both before and after the shock on one graph, and also plot equilibrium output Y both before and after the shock.190700.6017501560
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Table for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):156011.NOTE:There is no graphing component to be collected for this homework. However, you should be comfortable creating two separate graphs from the above questions. You should be able to:1.Graph the consumption function both before and after the shock on one graph, and also plot equilibrium consumption and output values both before and after the shock.2.Graph the AE equation both before and after the shock on one graph, and also plot equilibrium output Y both before and after the shock.Are your results above consistent with the new economy?A) Yes, wealth in the stock market, consumer confidence, cash flow and the trade deficit all increasedand animal spirits are positive. This is consistent with the new economy.B) No, wealth in the stock market, consumer confidence, cash flow and the trade deficit all increased and animal spirits are positive. This is not consistent with the new economy.Table for Individual Question Feedback
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Points Earned:3.0/3.0Correct Answer(s):A12.Part 2 (9 questions at 3 points each for 27 points total) Pretend that you have a lemonade stand and that the demand for lemonade in your neighborhood is estimated to be: Q = 60 - 100 P
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  • Fall '10
  • staff
  • Macroeconomics, Correct Answer, Inverse demand function, Individual Question, 15,000

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