8. *The product-market model is given as C = 100 + 0.8 Y; S = 100

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8. *The product-market model is given as C =

100 + 0.8 Y; S = – 100 + 0.2 Y; I = 120 – 0.5 i;

and money-market equations are Ms = 120;

and Md = 0.2Y – 5 i (where, i is a percentage interest rate). Assuming a change in money

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Macroeconomics Theory And Policy

ISBN: 9780070091450

3rd Edition

Authors: D.N. Dwivedi

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Question Posted: Nov 07, 2024 11:00 AM

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8. *The product-market model is given as C = 100 + 0.8 Y; S = 100

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Macroeconomics Theory And Policy

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