
The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646
The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646 Exercise 16
Go to www.eurmacro.unisg.ch/Tutor/islm.html. Set the policy instruments to be G = 80, t = 0.20, c = 0.75, b = 40. Now increase the sensitivity of investment to the interest rate, b, from 40 to 80. What happens to the slope of the IS curve? Why?
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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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