Lecture 11: The IS-LM-PC Model
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Загружено: 2024-06-27
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MIT 14.02 Principles of Macroeconomics, Spring 2023
Instructor: Ricardo J. Caballero
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The IS (Investment Saving), LM (Liquidity Preference- Money Supply), and PC (Philips Curve) Model looks at the dynamics of output and inflation. It relates to the central bank policy decision to adjust the inflation and real interest rate in the economy.
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