The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin

تمرين 1

All questions are available in MyEconLab at www.myeconlab.com.
For each of the following, describe how (if at all), the IS curve, MP curve, and AD curves are affected.
a. A decrease in financial frictions.
b. An increase in taxes, and an autonomous easing of monetary policy.
c. An increase in the current inflation rate.
d. A decrease in autonomous consumption.
e. Firms become more optimistic about the future of the economy.
f. The new Federal Reserve chair begins to care more about fighting inflation.