Question
In King's Landing, the government decides to reduce the budget deficit by increasing taxes. Also center bank increases the money supply to stimulate production. The
In King's Landing, the government decides to reduce the budget deficit by increasing taxes. Also center bank increases the money supply to stimulate production. The effect of this policy mix on equilibrium output and interest rate Explain the effect using the IS-LM model?
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Econophysics And Financial Economics An Emerging Dialogue
Authors: Franck Jovanovic, Christophe Schinckus
1st Edition
0190205032, 9780190205034
