finance
AD-AS Under Shocks — Supply, Demand, Stagflation
Take the seat of Costaria's central-bank chief economist. Diagnose three concurrent shocks in AD-AS space, weigh the stabilisation-policy response for each, and confront the supply-shock dilemma every modern central bank faces. Six rounds covering the demand boom, the cost-push supply shock, monetary drift, the combined Crisis Package, and a Volcker-style re-anchoring window. Tracks inflation, expectations, output gap, unemployment, policy rate and a credibility score.
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