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Thu 20 Mar, 2014 03:06 am
Given the following obtain aggregate demand(AD) schedule
MPC=0.8; t=0.5 ; atonomous spending=5000; Money supply=1000
İnterest sensitivity to investment(b)=50
İnterest sensitivity of real money demand(h)=100
İncome sensitivity of real money(k)=0.5
(Hint :you need to first write two equilibrium conditions)
@elleashley,
Would you please re-submit your post with some sort of wording that may make sense to a human being?
@Lordyaswas,
It's banking and/or macro-economics...both are topics that I'm predisposed to getting mucked up.
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