Documents LECTURE 6: MACROECONOMIC INTERDEPENDENCE (I) Interdependence: Y depends on Y*. (II) The two-country....

Slide 1 LECTURE 6: MACROECONOMIC INTERDEPENDENCE (I) Interdependence: Y depends on Y*. (II) The two-country model, to be used for a country big enough to affect world income…

Documents LECTURE 6: MACROECONOMIC INTERDEPENDENCE (I) Interdependence: Y depends on Y*.

LECTURE 6: MACROECONOMIC INTERDEPENDENCE (I) Interdependence: Y depends on Y*. (II) The two-country model, to be used for a country big enough to affect world income Y*.…