Question: Table 1 . ( Note: Notation used in the Table follows from the lectures ) Using the values in the table above, answer the following
Table Note: Notation used in the Table follows from the lectures
Using the values in the table above, answer the following questions. Show your work
a Derive the expression for the IS curve ieboldsymbolYfr
points
b If the real interest rate is what is the value of equilibrium real GDP Y
points
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