Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Question
Chapter 10, Problem 2NP
a)
To determine
The equilibrium values of output, real interest rate, price level, consumption and investment using the IS-LM model.
b)
To determine
The equilibrium values of output, real interest rate, price level, consumption and investment using the IS-LM model and to determine if the money is neutral as per the given case.
c)
To determine
The equilibrium values of output, real interest rate, price level, consumption and investment using the IS-LM model and to determine if the fiscal policy is neutral as per the given case.
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