=+ b. Assume that = 2. What are the real interest rate and the equilibrium level
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b. Assume that π = 2. What are the real interest rate and the equilibrium level of output?
c. Suppose government spending increases to $4 trillion. What happens to equilibrium output?
d. If the Fed wants to keep output constant, then what monetary policy change should it make?
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Related Book For
The Economics Of Money Banking And Financial Markets
ISBN: 9781292094182
11th Global Edition
Authors: Frederic S. Mishkin
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