Question

In: Economics

Give 3 different concepts and examples of macroeconomic policy.Interpret ıt.(200-300 words)

Give 3 different concepts and examples of macroeconomic policy.Interpret ıt.(200-300 words)

Solutions

Expert Solution

3 different concepts and examples that are related to macroeconomic policies are in the following ways:

(1) IS Function - Derivation, shifts, Changes

(2) LM Function - Derivation, Factors affecting slope, Shifts

(3) Simultaneous equilibrium and "Monetary and Fiscal Policies" and their relative effectiveness


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