Question: What are intermediate targets? How do they differ from monetary policy goals? Describe how the Fed can target the real interest rate and how the
What are intermediate targets? How do they differ from monetary policy goals? Describe how the Fed can target the real interest rate and how the \(L R\) curve can replace the \(L M\) curve in the IS-LM diagram.
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The ISLM model shows how the market for economic goods interacts with the loanable funds market ... View full answer
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