2. Using a diagram like Fig. 9.2 for the independent dynamics of g 1, describe how g...
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2. Using a diagram like Fig. 9.2 for the independent dynamics of g 1, describe how g 1 evolves over time. (Note that the transition curve does not move, but there is the initial jump in g 1 you found in Question 1.)
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Introducing Advanced Macroeconomics: Growth And Business Cycles
ISBN: 9783031200922
1st Edition
Authors: Peter Birch Sørensen, Hans Jørgen Whitta-Jacobsen
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