Short-Run Macroeconomic Policy The case of Fixed Exchange Rates Macroeconomic Objectives Efficient allocation of resources Economic growth “Acceptable” income distribution…
Short-Run Macroeconomic Policy The case of Fixed Exchange Rates Macroeconomic Objectives Efficient allocation of resources Economic growth “Acceptable” income distribution…
Nature of Roots Nature of Roots > 0 Two unequal real roots = 0 One double real root (Two equal real roots) < 0 No real roots Note: 0 Real roots…