Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 11, Problem 6RQ
To determine

To Explain: The means by which an increase in government purchases impacts upon the level of output and the rate of real interest in the long run and the short run as suggested by the Keynesian school of thought.

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