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    Exam 14: The Great Recession and the Short-Run Model
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    The Burst of the Housing Bubble Can Be Represented in the IS-MP
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The Burst of the Housing Bubble Can Be Represented in the IS-MP

Question 30

Question 30

True/False

The burst of the housing bubble can be represented in the IS-MP model as a rise in rˉ\bar { r }rˉ .

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