tailieunhanh - Advanced Macroeconomics

This book was written to complete the curriculum requirement of the Master’s of Macroeconomics degree. Macroeconomics is a very practical subject and can be very useful for policy making. Domestic and international economies are subjected to variations in savings, income, exchange rates, as well as interest rates and the balance of payments. This book attempts to explain the domestic and international factors responsible for creating the equilibrium of the balance of payments, interest rates and inflation | Advanced Macroeconomics Sanjay Rode Price level SRASb _ SRASy 1. An increase in investment shifts AD to the right causing an inflationary expansion. LRAS Real GDP 100 103 2. As firms and workers adjust to the pnce level being higher than they had expected costs will nse and cause SRAS io shift to the left. 3 E ihbnum moves fromI point 8 back A to potential GOP at point c. with a Download free books at bookboo com Sanjay Rode Advanced Macroeconomics Download free ebooks at 2 Advanced Macroeconomics 2012 Sanjay Rode Ventus Publishing ApS ISBN 978-87-403-0278-3 Download free ebooks at

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