Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 9, Problem 5NP

A

To determine

To describe:

Find out the general equilibrium values of consumption, output, investment, price level and real interest rate.

B

To determine

Find out the general equilibrium values of investment, consumption, output, price level and real interest rate.

C

To determine

To describe: Repeat the process derived in part above with the new given values.

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