Problem
1. Provide examples from everyday of life of different forms of expectations - static, regressive, extrapolative.
2. Draw IS/LM diagrams with differently sloped LM curves and consider the impact in your diagrams of assuming different slopes.
3. If there is a ‘normal rate of interest' in money markets, what factors might cause it to change?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.