"Modeling Money" Please respond to the following:
- Discuss the significance and meaning of quantitative easing in the context of the liquidity preference model (increase in the quantity of money supplied). Provide specific examples to support your response.
"The Aggregate-Demand / Aggregate-Supply Model" Please respond to the following:
- Create a realistic scenario that illustrates the aggregate-demand / aggregate-supply model. In your scenario, you should identify changes in specific variables that cause each curve to shift.