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    Macroeconomics Study Set 8
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    Exam 1: Introduction to Macroeconomics
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    You Are Asked to Analyze the Effect of the Bank
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You Are Asked to Analyze the Effect of the Bank

Question 1

Question 1

Essay

You are asked to analyze the effect of the Bank of Canada's new interest rate policy on housing prices.Using a comparative static experiment,describe the steps you need to follow to produce a sound theoretical macroeconomic analysis.

Correct Answer:

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