FIGURE 27-5
0 0
-Refer to Figure 27-5. This economy begins in equilibrium with M S , M D and real GDP equal to potential GDP
With AD0 and AS0). Now suppose there is an increase in the money supply to $540 billion. The short -run effects of this increase lead to the opening of an) gap of .

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The Answer of  FIGURE 27-5
0 0
-Refer to Figure 27-5. This economy begins in equilibrium with M S , M D and real GDP equal to potential GDP
With AD0 and AS0). Now suppose there is an increase in the money supply to $540 billion. The short -run effects of this increase lead to the opening of an) gap of .

FIGURE 27-5 0 0