ECON MACRO
ECON MACRO
5th Edition
ISBN: 9781337000529
Author: William A. McEachern
Publisher: Cengage Learning
Question
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Chapter 15, Problem 4.9P

Sub- Part

A

To determine

the effect on the demand over time, when the economy’s real GDP is growing.

B

To determine

the effect on the interest rate over time, when the economy’s real GDP is growing.

C

To determine

the effect on the interest rate over time, when the fed changes the money supply in order to match the money demanded.

D

To determine

the effect of the policy as discussed in part c on the stability of the economy over the business cycle.

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