18000, Bd =W-Md
d) ∆Md =(0.035-0.05) ∗∆Y/[ Y*(0.35-0.05)]= ∆Y/Y=-0.5 e) The demand for money falls one for one in percentage terms in response to a change in income. Question ...
18000, Bd =W-Md - Sorodni dokumenti
18000, Bd =W-Md
http://faculty.wcas.northwestern.edu/~lchrist/c11/c1100/hw2.pdfd) ∆Md =(0.035-0.05) ∗∆Y/[ Y*(0.35-0.05)]= ∆Y/Y=-0.5 e) The demand for money falls one for one in percentage terms in response to a change in income. Question ...