INDEX
479
condition for equilibrium in the product
market for a closed economy, 238–240
consumption function, 238
government expenditures, 238, 241
impact of fiscal and monetary policy, 247–254
increase in the government expenditure
at a given price level, 269
in India, 255–256
investment expenditure, 238
in Japan, 263–265
Keynesians and Monetarists views of shifts, 274
parametric changes of, 240–242
Ricardian equivalence, 256–259
shocks, 404–406
slope of, 242–243
tax increase and, 241
IS-LM
model, 234–263
IS-LM-BP
model, 358
IS-LM
in India, 255
IS-LM
in Japan, 263
Isoquant, 93
Isoquant map, 94
J
Japanese economy, ...
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