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Integrating Inflation into IS-LM to Create a Dynamic Equilibrium Model of the Economy

Integrating Inflation into IS-LM to Create a Dynamic Equilibrium Model of the Economy. Lecture 13. The Final Form Model of Price Inflation. If we assume the three key coefficients actually equal 1( if we had perfect measures of the concepts): price inflation affecting wages

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Raises gdp fe - PowerPoint PPT Presentation

Integrating Inflation into IS-LM to Create a Dynamic Equilibrium Model of the Economy