At long-run equilibrium in the dynamic model of aggregate demand and aggregate supply, the demand and supply shocks ε_t and υ_t equal _____, and current inflation π_t equals _____. A)0; 0 B)0; π_{t - 1} C)π_t; 0 D)ρ

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The Answer of At long-run equilibrium in the dynamic model of aggregate demand and aggregate supply, the demand and supply shocks ε_t and υ_t equal _____, and current inflation π_t equals _____. A)0; 0 B)0; π_{t - 1} C)π_t; 0 D)ρ

At Long-Run Equilibrium in the Dynamic Model of Aggregate Demand