> Question: In an equation for annual data, suppose that FDL(2) int, = 1.6+0.48in f-0.15in ft-1+0.32in ft-2 • where int is an interest rate and inf is the inflation rate, what are the impact and long-run propensities?

> Question: In an equation for annual data, suppose that FDL(2) int, = 1.6+0.48in f-0.15in ft-1+0.32in ft-2 • where int is an interest rate and inf is the inflation rate, what are the impact and long-run propensities?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: Money Growth And Intlation

Section: Chapter Questions

Problem 6PA

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