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Unformatted text preview: k* = steady state capital stock per worker d = depreciation rate on capital n = labor force growth rate IS = IS Curve LM = LM Curve LF = loanable funds S LF = supply of loanable funds D LF = demand for loanable funds mpc = marginal propensity to consume mps = marginal propensity to save C = autonomous consumption-S = autonomous savings R = nominal interest rate r = real interest rate = R - ε P PV = Present Value R ε = expected nominal rate P stock = price of stock P bond = price of bond dp = default premium tp = tax premium lp = liquidity premium cpp = currency and political premium ε P = expected inflation rate y = growth rate of real GDP V = velocity...
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This note was uploaded on 01/31/2008 for the course ECON 304 taught by Professor Eyler during the Fall '07 term at Sonoma.
- Fall '07