过去更加开放。考虑这种发展如何影响货币政策影响经济的能力。
a.如果投资者更愿意在外国与本国资产之间进行替代,CF函数的斜率会发生什么变动?
b.如果CF函数以这种方式变动,IS曲线的斜率会发生什么变动?
c.IS曲线的这种变动如何影响美联储控制利率的能力?
d.IS曲线的这种变动如何影响美联储控制国民收入的能力?
Over the past several decades, investors around the world have become more willing to take advantage of opportunities in other countries. Because of this increasing sophistication, economies are more open today than in the past. Consider how this development affects the ability of monetary policy to influence the economy.
a.If investors become more wiring to substitute foreign and domestic assets, what happens to the slope of the CF function?
b.If the CF function changes in this way, what happens to the slope of the IS curve?
c.How does this change in the IS curve affect the Fed's ability to control the interest rate?
d.How does this change in the IS curve affect the Fed's ability to control national income?