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- 2013-8-19
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Econ - expected inflation and shift in AD and AS
Hi,
during one reading, I read the following in the section that talks about "when inflation is not anticipated":
- aggregate demand moves to the right (rises) in line with actual inflation
- aggregate supply moves to the left (falls) in line with expected inflation
Can someone helps me understand the above ? why in one case it's "actual" and the other case it's "expected" ?
Tks |
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发表于 2011-7-11 19:53
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