EXAM SOLUTIONS > Econ 4610 Problem Set 5 fall 2020
Kennesaw State University ECON 4610 1. Assume that the LM curve for a small open economy with a floating exchange rate is given by Y=200*r – 200 + 2*(M/P), while the IS curve is Y = 400 + 3*G – 2*T +3*NX – 200*r. The function for NX is NX=200 – 100*e, where e is the exchange rate. The price level (P) is fixed at 1.0. The international intere ...[Show More]
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| Category: | EXAM SOLUTIONS |
| Number of pages: | 5 |
| Language: | English |
| Last updated: | 1 month ago |
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