> Question: In an equation for annual data, suppose that FDL(2) int, = 1.6+0.48in f-0.15in ft-1+0.32in ft-2 • where int is an interest rate and inf is the inflation rate, what are the impact and long-run propensities?

> Question: In an equation for annual data, suppose that FDL(2) int, = 1.6+0.48in f-0.15in ft-1+0.32in ft-2 • where int is an interest rate and inf is the inflation rate, what are the impact and long-run propensities?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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