Macroeconomics
Macroeconomics
10th Edition
ISBN: 9781319105990
Author: Mankiw, N. Gregory.
Publisher: Worth Publishers,
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Chapter 14, Problem 1MPA

(a)

To determine

The assumptions need to yield the model of classical large open economy.

(b)

To determine

The assumptions need to yield the Keynesian-cross model.

(c)

To determine

The assumptions need to yield the IS-LM model for large open economy.

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