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    Nam Lê
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    The document presents equations for an IS curve and LM curve model. The IS curve equations show that aggregate demand (AD) is a function of consumption (C), investment (I), government spending (G), exports (X) and imports (I). The LM curve equations show that money supply (MS) is constant and money demand (MD) is a function of income (Y) and interest rates (i).

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    The document presents equations for an IS curve and LM curve model. The IS curve equations show that aggregate demand (AD) is a function of consumption (C), investment (I), government spending (G), exports (X) and imports (I). The LM curve equations show that money supply (MS) is constant and money demand (MD) is a function of income (Y) and interest rates (i).

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    11 views1 page

    Is LM

    Uploaded by

    Nam Lê
    The document presents equations for an IS curve and LM curve model. The IS curve equations show that aggregate demand (AD) is a function of consumption (C), investment (I), government spending (G), exports (X) and imports (I). The LM curve equations show that money supply (MS) is constant and money demand (MD) is a function of income (Y) and interest rates (i).

    Copyright:

    © All Rights Reserved
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    of 1

    PHƯƠNG TRÌNH IS

    T =T́ + t∗Y ; Y d=Y −T =Y −T́ −t∗Y ; G=Ǵ; X= X́

    C=Ć+ MPC∗Y d =Ć+ MPC∗(Y −T́ −t∗Y )

    I = Í + MPI∗Y −mI∗i ; ℑ=ℑ́+ MPM ∗Y

    AD=C+ I ( i )+G+ X−ℑ

    AD=−m I . i+ [C ¿ + Í + Ǵ+ X́ + ℑ́−MPC∗T́ ]+Y´ ∗[ MPC∗( 1−t ) + MPI + MPM ]¿

    PHƯƠNG TRÌNH LM

    Ḿ n
    MS= =CONST
    Ṕ
    MD=M 0+ kY −hi

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