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Describe how the real interest rate changes in a Keynesian model if a shock shifts the IS curve down and to the right and the Fed changes its policy to keep output unchanged.
Continuing Education
Continuing education refers to post-secondary learning activities aimed at personal or professional development, often required in various professions to maintain licensure or certification.
Traffic Jam
A situation where there is a congestion of vehicles on roads, often resulting in slow movement or complete standstill.
Personnel Manager
A professional responsible for overseeing the recruitment, training, and welfare of employees.
Proper Grammar
The set of rules that govern the syntax, punctuation, and word usage in a given language, ensuring clarity and effective communication.
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