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If the Reserve Bank's policy reaction function is r =0.02+π, the planned aggreg...

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If the Reserve Bank's policy reaction function is r=0.02+π, the planned aggregate expenditure function for the economy is PAE=5000+0.8Y-20 000r, current inflation equals 6% (π=0.06), and potential output (Y*) equals 19 000, then short-run equilibrium output equals ______ and inflation will eventually equal ____ % when the economy returns to potential.

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