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Unformatted text preview: EXPORTS) Ms=money stock=money supply r (and sometimes i) = interest rate (nominal) mpc = marginal propensity to consume =change in C/ change in Y mps=marginal propensity to save = change in S/ change in Y=(1-mpc) SR short run LR long run Agg D aggregate demand Agg S aggregate supply...
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This document was uploaded on 10/31/2011 for the course 202 101 at Rutgers.
- Spring '11