Explain how the friedman-lucas money surprise model works, Macroeconomics

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Explain how the friedman-lucas money surprise model works

Problem

1. Explain how the Friedman-Lucas money surprise model works.

2. What is the relationship that summarizes the Friedman-Lucas money surprise model in this chapter?

3. When real aggregate output is equal to trend output, what is the inflation rate equal to?

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: Explain how the friedman-lucas money surprise model works

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Macroeconomics: Explain how the friedman-lucas money surprise model works

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