Question
1. [Matrix Inversion in IS-LM Model] Given the IS equation 0.4Y +150r827 = 0, and the LM equation 0.1Y 250r155 = 0, find the equilibrium
1. [Matrix Inversion in IS-LM Model]
Given the IS equation
0.4Y +150r827 = 0,
and the LM equation
0.1Y 250r155 = 0,
find the equilibrium level of national income Y and the interest rate r by using the
technique of matrix inversion.
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Essentials Of Business Law And The Legal Environment
Authors: Richard A Mann, Barry S Roberts
10th Edition
0324593562, 9780324593563
