IME Group 12

Modify the PC model we covered in lectures to allow for the simulation of a stagflation-type episode in the economy Stagflation occurs where...

Question1 Chapter 4: Overview The section entitled, Government money and portfolio theory, essentially introduces government bills, ...

Question 1 1) Explain the difference between SIM and SIMEX when both models are in their steady states. In the steady state both models conv...

Behavioural Transactions Matrix Figure 1 As a precursor to the following two questions it is important to note that the behavioral matrix (f...

1. Aggregate Demand relation: is the total demand for final goods and services in the economy (Y) during a specific time period. In a gene...

SHANE QUINLAN 0340251 MARIA RAMIEZ 0702124 WARREN SYMES 0355828

SARAH CORCORAN 0714577 SHANE QUINLAN 0340251 MARIA RAMIEZ 0702124