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Business, 06.12.2019 00:31 screamqueen

Suppose the parameters of the is curve are a=0, b=3/4, and r = 2% (where the lower-bar coefficients represent the upper-bar coefficients, according to class and book notation). suppose further that initially the real interest rate r=2%. explain what happens to short-run output (sro) if: aim decreases by 2 percentage points.

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Suppose the parameters of the is curve are a=0, b=3/4, and r = 2% (where the lower-bar coefficients...
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