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C= 175 +0.25YD I-150+0.25Y-1000i G = 275 T= 200 (M/P)^d = Y - 4000i (M/P)^s = 800 a) derive the IS and LM equations. b)
C= 175 +0.25YD
I-150+0.25Y-1000i
G = 275
T= 200
(M/P)^d = Y - 4000i
(M/P)^s = 800
a) derive the IS and LM equations.
b) calculate the equilibrium level of income (Y) and the interest rate (i).
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The Great Convergence Information Technology And The New Globalization
Authors: Richard Baldwin
1st Edition
067466048X, 9780674660489
