Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
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Question
Chapter 7, Problem 5NP
a)
To determine
Percentage of difference between
b)
To determine
Percentage of difference between equilibrium
c)
To determine
Real output level
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Problem 2. If the consumer preference can be represented by a CES function with δ = 0.5, i.e. u(x, y) = x0.5 + y0.5. Let the prices and income be (px, py, w).
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Chapter 7 Solutions
Macroeconomics (9th Edition)
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