Macro- & Monetary Economics

Prio: Normal, Part II: Keynes, Type: Open Question, DRAFT

IIn Keynesiaan theory (GGeneral Theeory) the IS curve depiccts all real iinterest rateeiincome commbinations wherew the ggoods markeet is in equillibrium (seee IS curve below).
 
 
The point (xx) reflects a disequilibrrium where …

 

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