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IS= Y=550-3000r LM=150+2000r equilibrium y and r in short run= 400 and 8% Calculate the long run equilibrium values of r and P, assuming that
IS= Y=550-3000r
LM=150+2000r
equilibrium y and r in short run= 400 and 8%
Calculate the long run equilibrium values of r and P, assuming that the
potential level of output (Y*) is equal to 400 monetary units.
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