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kolitchko kolitchko
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5 years ago
Suppose that initially U.S. households are saving only a small fraction of their incomes because they are relying on rapid increases in stock prices to increase their wealth. If stock prices decline and households decide to increase their saving rate, what will be impact on output in the new Keynesian view? Be sure to distinguish the short run from the long run.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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Wars-Like-ThisWars-Like-This
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kolitchko Author
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5 years ago
Thank you, thank you, thank you!
Natalie Price
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
KaylenePig
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2 hours ago
Correct Slight Smile TY
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