Suppose the following equations describe the long-run shares of spending in GDP and the interest rate (R).

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Suppose the following equations describe the long-run shares of spending in GDP and the interest rate (R). [Note the interest rate is measured in decimals, i.e. R=0.05 means the interest rate is 5%].

Posted Date: Jun 22, 2024 08:02 PM

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Suppose the following equations describe the long-run shares of spending in GDP and the interest rate (R).

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