Discuse the is-lm and equivalent ad-as framework

Reference no: EM13243893

(1) Identify and discuse the IS-LM framework (determination ofincome and the interest rate) and equivalent AD-AS framework.(determination of price level and income) and how changes inequilibrium occur as a result of changes in fiscal and moneypolicy.
IS-LM framework
(1) Identify and iscus the IS-LM Framework(determination of income and the interest rate) and the equivalentAD-AS Framework (determination of price level and income) and howchanges in equilibrium occur as a result of changes in fiscal andmonetary policy.
Real Stock/Real Interest
Given data on the nominal money supply, nominal interestrates, the consumer price index, and inflation rates, compute thecurrent real stock of money in the US and real interestrates.

Reference no: EM13243893

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