Lecture_March 12_Part 1.pdf - LEARNING OBJECTIVRES \u2022 Keynesian cross \u2022 IS curve \u2022 Theory of liquidity preference \u2022 LM curve \u2022 How the IS-LM

Lecture_March 12_Part 1.pdf - LEARNING OBJECTIVRES u2022...

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LEARNING OBJECTIVRES Keynesian cross IS curve Theory of liquidity preference LM curve How the IS - LM model determines income and the interest rate in the short run when P is fixed MP curve (MP stands for Monetary policy) How the IS - MP model determines income and the interest rate in the short run when P is fixed 1 1
2 epoll: DHJIf the demand function for money is M/P = 0.5Y - 100r, then

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