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(a) [9 marks] Explain why the goods market equilibrium gives rise to a negative relationship between the real interest r
Posted: Thu May 26, 2022 7:40 am
by answerhappygod
- A 9 Marks Explain Why The Goods Market Equilibrium Gives Rise To A Negative Relationship Between The Real Interest R 1 (12.62 KiB) Viewed 13 times
(a) [9 marks] Explain why the goods market equilibrium gives rise to a negative relationship between the real interest rate and real output. Explain why the money market equilibrium gives rise to a positive relationship between the real interest rate and real output. Use diagrams to illustrate your answer.