Question: Use the IS - LM - FE model and the AD - SRAS - LRAS model to analyze whether changes in nominal money supply is

Use the IS

-

-

FE model and the AD

-

SRAS

-

LRAS model to analyze whether changes in nominal money supply is neutral in the short

-

run and whether it is neutral in the long

-

run.

How does the IS

-

LM model for an open economy differ from the IS

-

LM model for a closed economy? Give one example of changes in net export that would shift the IS curve to the right in an open economy. Be specific about the reason for the change in the net export.

Use the IS - LM - FE model and the AD - SRAS -

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