Question: in the late 1990s the us economy experienced a period...
In the late 1990s, the U.S. economy experienced a period of extremely low inflation and extremely low unemployment. Use the AD/AS model to explain what sort of change in the economy would cause this. Include a graphical analysis in your answer, and provide two examples of what might bring about this event.
Please do not copy another answer from another post. I am confused and really need a good explanation. Thanks!