- ā - 6(R – F), where b = 2, ī = 1/5, and R4 - 7 = 0.01. 1-a Consider the IS curve Yt = If there is a positive demand shock where the economy goes from ā -0.01 to ā = 0.0, then short- run output changes by ---- percentage points (enter a negative number for a fall in short-run output and a positive number for a rise in short-run output).

- ā - 6(R – F), where b = 2, ī = 1/5, and R4 - 7 = 0.01. 1-a Consider the IS curve Yt = If there is a positive demand shock where the economy goes from ā -0.01 to ā = 0.0, then short- run output changes by ---- percentage points (enter a negative number for a fall in short-run output and a positive number for a rise in short-run output).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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