Q: Suppose this is the give information for an economy: C = 200+ 0.5y - 500i...
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Q: Suppose this is the give information for an economy: C = 200+ 0.5y - 500i 1= 200-500i + 0.12y Md = 0.4y - 250 G = 150 T = 100 M = 4900 NX = 120 a) Find the IS-LM equilibrium and show it on graph too. b) What changes will we face if government decides to decrease the money supply to 2000 units? Q: Suppose this is the give information for an economy: C = 200+ 0.5y - 500i 1= 200-500i + 0.12y Md = 0.4y - 250 G = 150 T = 100 M = 4900 NX = 120 a) Find the IS-LM equilibrium and show it on graph too. b) What changes will we face if government decides to decrease the money supply to 2000 units?
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aThe ISLM model was published by John Maynard Keynes in his book General Theory of Employment Interest and Money describe an equilibrium condition in ... View the full answer
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
Posted Date:
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