Macroeconomics
4th Edition
ISBN: 9780393602487
Author: Jones, Charles I.
Publisher: W. W. Norton & Company
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Question
Chapter 11, Problem 2E
(a)
To determine
The short-run effect of the decision to reduce the real interest rate below the marginal product of capital.
(b)
To determine
The short-run effect of the pessimistic attitude of consumers.
(c)
To determine
The short-run effect of an improvement in information technology.
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