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Chapter 16, Problem 5QAP

a

To determine

To show:Impact on current output, interest rate, current private spending when FED will not change its current real policy interest rate.

b

To determine

To know:Impact on current output, interest rate, current private spending when FED will act to prevent change in current and future output.

c

To determine

To Know:Impact on current output, interest rate, current private spending when FED will not change either current real policy interest rate or the future real policy.

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Chapter 16 Solutions

Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (7th Edition)

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