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    Instructions:: Lahore School of Economics Introduction To Macroeconomics Bba/Bsc I Assignment 10

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    hussain elahi
    This document provides the instructions for Assignment 10 for an Introduction to Macroeconomics course at Lahore School of Economics. It lists 7 questions to be answered about macroeconomic concepts like aggregate supply curves, short-run and long-run equilibrium, and output gaps. Students must submit their handwritten solutions and graphs as pictures by specific deadlines to their section teaching assistants by email.

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    Instructions:: Lahore School of Economics Introduction To Macroeconomics Bba/Bsc I Assignment 10

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    hussain elahi
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    This document provides the instructions for Assignment 10 for an Introduction to Macroeconomics course at Lahore School of Economics. It lists 7 questions to be answered about macroeconomic concepts like aggregate supply curves, short-run and long-run equilibrium, and output gaps. Students must submit their handwritten solutions and graphs as pictures by specific deadlines to their section teaching assistants by email.

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    Original Title

    Assignment 10 (1)

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    This document provides the instructions for Assignment 10 for an Introduction to Macroeconomics course at Lahore School of Economics. It lists 7 questions to be answered about macroeconomic concepts like aggregate supply curves, short-run and long-run equilibrium, and output gaps. Students must submit their handwritten solutions and graphs as pictures by specific deadlines to their section teaching assistants by email.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    22 views1 page

    Instructions:: Lahore School of Economics Introduction To Macroeconomics Bba/Bsc I Assignment 10

    Uploaded by

    hussain elahi
    This document provides the instructions for Assignment 10 for an Introduction to Macroeconomics course at Lahore School of Economics. It lists 7 questions to be answered about macroeconomic concepts like aggregate supply curves, short-run and long-run equilibrium, and output gaps. Students must submit their handwritten solutions and graphs as pictures by specific deadlines to their section teaching assistants by email.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Lahore School of Economics

    Introduction to Macroeconomics
    BBA/BSc I
    Assignment 10

    INSTRUCTIONS:
    Please read all the instructions carefully.
    • Deadline to submit this assignment is Friday April 24th 2020 by 09:00 pm.
    • Use the following email addresses to submit your assignments: (for Section K:
    nida.naz9@gmail.com and for Section H: ramshanur@gmail.com).
    • Please solve the assignment on paper; take a picture of it and submit it to your respective
    section TA through email.
    • The submission of assignment is time spanned and late submissions will not be accepted.

    Question 1:
    Draw the long run aggregate supply curve. (5 marks)
    Question 2:
    State the condition and graphically illustrate the short run equilibrium. (5 marks)
    Question 3:
    State the condition and graphically illustrate the short run and long run equilibrium. (10 marks)
    Question 4:
    Graphically illustrate the positive/ inflationary output gap. (5 marks)
    Question 5:
    Graphically illustrate the negative/ recessionary output gap. (5 marks)
    Question 6:
    Graphically illustrate how an inflationary output gap can be removed through: (10 marks)
    a. Automatic adjustment mechanism
    b. Fiscal policy
    Question 7:
    Graphically illustrate how a recessionary output gap can be removed through: (10 marks)
    a. Automatic adjustment mechanism
    b. Fiscal policy

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