Macroeconomics
Macroeconomics
4th Edition
ISBN: 9780393602487
Author: Jones, Charles I.
Publisher: W. W. Norton & Company
Question
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Chapter 3, Problem 3E

(a)

To determine

Determine the bank balance if interest rate is 1%.

(b)

To determine

Determine the bank balance if interest rate is 6%.

(c)

To determine

Derive the bank balance curve using standard scale.

(d)

To determine

Derive the bank balance curve using ratio scale.

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