Make a powerpoint presentation that demonstrates the CLOSED ECONOMY MODEL. The slides build the model up one step at a time and explain how the real interest rate keeps the goods market in equilibrium. (Y = C + I(r) + G)© BrainMass Inc. brainmass.com December 19, 2018, 9:57 pm ad1c9bdddf
The closed economy model is a simple static model that allows us to see how the real interest rate adjusts to keep ...
The solution givens a definition of a Closed economy model.