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johnpaul92 johnpaul92
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8 years ago
In the Keynesian model, suppose the Fed sets a target for the real interest rate. If the IS curve shifts down and to the left, and the Fed wants to keep output unchanged in the short run and the price level unchanged in the long run, what should the Fed do? Use the LR curve to formulate your answer.
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Macroeconomics

Macroeconomics


Edition: 8th
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supamansupaman
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8 years ago
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johnpaul92 Author
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8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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8 years ago
Every little bit helps, right? Glad I solved your question
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