MACROECONOMICS
10th Edition
ISBN: 9781319106072
Author: Mankiw
Publisher: MAC HIGHER
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Question
Chapter 13, Problem 4MPA
(a)
To determine
The change in income, interest rate, and trade balances with response to the fiscal expansion.
(b)
To determine
The change in income, interest rate and trade balances with response to the expansion in money supply by central bank by buying bonds from public.
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