Determine the equilibrium effects of an anticipated increase


Problem

Determine the equilibrium effects of an anticipated increase in future total factor productivity in the real intertemporal model. Explain why these effects are different from the effects of an increase in current total factor productivity.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Determine the equilibrium effects of an anticipated increase
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