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HomeMIT 14.02 Principles of Macroeconomics, Spring 2023Lecture 5: IS-LM Model
MIT 14.02 Principles of Macroeconomics, Spring 2023
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Lecture 5: IS-LM Model
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Lecture 6: IS-LM, continued
In this lecture, Prof. Caballero explains the IS-LM model, which shows the relationship between interest rates and output in the short run in a closed economy.