If the short-run aggregate supply curve is π =
+ 1.2 (Y -
)+ ρ,output equals potential output and there is a price shock of minus two,then the inflation rate is ________.

Question

If the short-run aggregate supply curve is π = 
+ 1.2 (Y - 
)+ ρ,output equals potential output and there is a price shock of minus two,then the inflation rate is ________.

Quizplus · Accepted Answer

The Answer of If the short-run aggregate supply curve is π = 
+ 1.2 (Y - 
)+ ρ,output equals potential output and there is a price shock of minus two,then the inflation rate is ________.

If the Short-Run Aggregate Supply Curve Is π =