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Hi I need to understand how to solve this problem Consider these two closed economies. A: Y= 5000;G=T= 1000;C= 250 + 0.75(YT);I= 100050r. B: Y=
Hi I need to understand how to solve this problem
- Consider these two closed economies.
- A:Y= 5000;G=T= 1000;C= 250 + 0.75(YT);I= 100050r.
- B:Y= 5000;G=T= 1000;C= 250 + 0.75(YT)50r;I= 100050r
Calculate the long run equilibrium levelr*of the real interest rate in the two economies and explain the differences.
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Econometric Evaluation Of Socio-Economic Programs Theory And Applications
Authors: Giovanni Cerulli
1st Edition
3662464055, 9783662464052
