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The full dynamic short-run model

The full dynamic short-run model. J. M. Keynes. Chairman Bernanke. The full Keynesian model of the business cycle. i. r. IS-MP. Y. ? e. u. Y pot. Potential output = AF(K,L). ?. 2. The Dynamic Model. This is state-of-the-art modern Keynesian model Short-run model of business cycles

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Yare parameters - PowerPoint PPT Presentation

The full dynamic short-run model