MGEB06H3 Lecture Notes - Lecture 1: Real Interest Rate, Price Level
5 Oct 2015
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Mgeb06 chapter 9 tutorial 2 answer key. This answer key aims at helping you to check your answer and you will not receive full credit if you do not show your work and/or provide explanation in your assignments and exams. Is curve: y = 4350 + 2g t 800r. Part (b: lm curve: r = 0. 0025y 0. 005(ms/p) Part (c: ad curve: y = 1600 + 12000/p, output, y= 4600, price level, p = 4, real interest rate, r = 0. 25 (25%, consumption, c = 3300. Part (d: ad curve: y = 1560 + 12000/p. Short run: price level, p = 4, output, y = 4560, real interest rate, r = 0. 15 (15%, consumption, c = 3360. Long run: output, y= 4600, price level, p = 3. 95, real interest rate, r = 0. 1 (10%, consumption, c = 3390.
