Boost Fertility New Invention Ups Success Rates.pdf
Macro Economics
1. CL4 English Language and Culture for Business Module IV B2 European Economic Policy Dr. Peter Cullen www.cl4englishlistening.wordpress.com
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37. The Goods Market E AE PE Income, Output, Y ∆ I Y 2 Y 1 Interest rate, r Investment, I Interest rate, r Income, Output, Y r 1 r 2 I(r 1 ) I(r 2 ) 1 2 3 4 5 r 1 r 2 Y 2 Y 1 IS Note: an increase in public spending pushes the PE curve up and moves the IS curve to the right
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44. The Money Market M/P Real Money Balances, M/P ¯ ¯ Interest rate, r Supply Demand, L(r) Equilibrium interest rate What happens when the curve shifts to the left?