PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
7th Edition
ISBN: 9781260110920
Author: Frank
Publisher: MCG
Question
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Chapter 13, Problem 9P

(a)

To determine

Find the short-run equilibrium output of the economy described in problem 7 with zero net export.

(b)

To determine

Find the short-run equilibrium output of the economy when the net export rises to 100.

(c)

To determine

Find the short-run equilibrium output of the economy when the net export reduces to -100.

(d)

To determine

Explain the tendency of recessions and expansions to spread across countries using the findings.

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