What role do expectations play in the IS curve that underpins the 3 -equation model? Provide an

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What role do expectations play in the IS curve that underpins the 3 -equation model? Provide an example of a situation where a change in expectations of the future can influence households' behaviour in the current period and shift the IS curve.

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Macroeconomics Institutions Instability And The Financial System

ISBN: 9780199655793

1st Edition

Authors: Wendy Carlin, David Soskice

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Question Posted: Jun 10, 2024 02:09 AM

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What role do expectations play in the IS curve that underpins the 3 -equation model? Provide an

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Macroeconomics Institutions Instability And The Financial System

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