Macroeconomics (9th Edition)
Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
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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