Econ3011

    Assignment Task -  Commence  Please submit each question in the pdf format separately to Turnitin. There will be a separate link for the Excel (or equivalent) files you used for question 1. Please note that the answers should be typed. Turnitin does not accept handwritten assignments. Consider the following mo... Get Start

Assignment Task : Question 1 (a) Derive the AD curve in the case when the central bank uses the above rule (*). (Please show steps in your derivation). Re-write the AS curve using the formula for inflation expectations. Make sure you write down the AD and AS with the parameter values substituted. (b) Assuming that in period 1 the econo... Get Start