Posted: February 23rd, 2022

You have been hired as an economic consultant to monitor conditions in the major macroeconomic markets and report any significant changes and potential impacts

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Learning Goal: I’m working on a macro economics project and need an explanation and answer to help me learn.InstructionsYou have been hired as an economic consultant to monitor conditions in the major macroeconomic markets and report any significant changes and potential impacts. As part of your monthly research, you notice that real interest rates are rising. Your task is to write a two-page report detailing how this change in real interest rates is expected to impact the macroeconomy in the short-run and long-run. Your report should include a discussion of the following:How this increase in the real interest rate is expected to influence the four major macroeconomic markets.
The impact of this change on aggregate demand, short-run aggregate supply, long-run aggregate supply, and prices in the short-run.
The impact of this change on aggregate demand, short-run aggregate supply, long-run aggregate supply, and the price level in the long run.
Compare and contrast the original equilibrium condition with any new equilibrium condition that results from the increase in real interest rates.
Identify the type of gap that is present and predicted impact on unemployment.
Describe how the free-market process works to achieve these transitions.
Note: It is not necessary to include graphs in your report. If you choose to use graphs in your report, you may use a total of three pages.
Requirements: 2 pages

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