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Consider the following economy: Desired consumption C d =1275 +0.5(Y - T) - 200r. Desired investment Id =900 - 200r. Real money demand L =0.5Y -...
Consider the following economy:Desired consumption C d =1275 +0.5(Y – T) – 200r.Desired investment Id =900 – 200r.Real money demand L =0.5Y – 200i.Full-employment output Y =4600.Expected inflation
