1. Given the following information about the markets of an economy:
(Yd: disposable income, r: interest rate, in %) Y: income, C: consumption I: investment, G: government expenditure, T: tax )
申論題內容
(3) If central bank purchases $60 government bonds in open market, given the money multiplier of 2. What are the new equilibrium output and interest rate? Draw a graph to sliow the change. (10 分)