Explain which portions of the material previously discussed in this text are reflected in the three equations

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Explain which portions of the material previously discussed in this text are reflected in the three equations DSGE model discussed at the end of this chapter. What kind of a shock to this simple model would explain the behavior of interest rates during the period 2002–04?
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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