Long-Run Macroeconomic Equilibrium Adjustment Process

Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
Long-Run Macroeconomic Equilibrium Adjustment Process
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Product Description
A macroeconomic worksheet requiring students to analyze the US economy at two different points in time (the 1960's and 1970's). They are to identify the relevant external shocks which would push the economy out of long run equilibrium as well as walk through the long-run macroeconomic equilibrium adjustment process as explained by way of extended unemployment exerting upward or downward pressure on aggregate nominal wages.
Total Pages
2 pages
Answer Key
Included
Teaching Duration
50 minutes
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