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20. Consider the IS model studied in class. Suppose a = 0 and R = F. Then, short-run output, 17, is equal to: a. 0

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20. Consider the IS model studied in class. Suppose a = 0 and R = F. Then, short-run output, 17, is equal to: a. 0 d. 5+1 _ 19? b. 1 e. +bf 19? c. a 21. According to the exact Fisher equation, 1 + i = a. R+Tt d. (1+R)/(1+1r) b. Rn R11 c. (1 + R)(1 + 11) .0

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