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assume that the Federal Reserve takes the widely expected policy action at its upcoming meeting in March 2022. Use the ADAS model to graphically show the impact of this action in the short- and long-run assuming the economy is not experiencing any economic gap currently?.

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assume that the Federal Reserve takes the widely expected policy action at its upcoming meeting in March 2022. Use the ADAS model to graphically show the impact of this action in the short- and long-run assuming the economy is not experiencing any economic gap currently?

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  • 1. assume that the Federal Reserve takes the widely expected policy action at its upcoming meeting in March 2022. Use the ADAS model to graphically show the impact of this action in the short- and long-run assuming the economy is not experiencing any economic gap currently?