Macroeconomics
Macroeconomics
13th Edition
ISBN: 9781337617390
Author: Roger A. Arnold
Publisher: Cengage Learning
Textbook Question
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Chapter 15, Problem 6WNG

Graphically portray the Keynesian transmission mechanism under the following conditions:

  1. a. A decrease in the money supply
  2. b. No liquidity trap
  3. c. Downward-sloping investment demand
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