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

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

Edition 10ISBN: 978-0132763646
book The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin cover

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