Evaluate why policymakers face a short-run trade-off


Explain how monetary policy affects interest rates and aggregate demand.

Analyze how fiscal policy affects interest rates and aggregate demand.

Evaluate why policymakers face a short-run trade-off between inflation and unemployment.

Evaluate why the inflation-unemployment trade-off disappears in the long run.

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Business Economics: Evaluate why policymakers face a short-run trade-off
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