ECON311 Macroeconomic Policy代写

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  • ECON311 Macroeconomic Policy代写
    Macroeconomic Policy
    Session 2, 2016
    The assignment is due at 10am on Monday October 17.
    Note that the answers should be typed. Handwritten assignments won’t be
    marked. Graphs should be drawn in some software (say, Word).
    Assignments with scanned graphs will be accepted but with 20% deduction
    of the total marks available.
    Question 1 (25 marks)
    Assume that the central bank can directly observe the aggregate demand shock and follows the
    following monetary policy rule: