Download as pdf or txt
Download as pdf or txt
You are on page 1of 13

#*"'%&3

&#%"!

%,#* .#*$ !"*'*%" '.'', 


"#$%(#"'"-';:.%&1

1
"+&(". !
 
    
  

  
   

"#  : ;

%/  ? ;:
  B ;:
" => <A
/$ ? ;6$##%!7
%" = >
%!". ;? <;
" =: <=
' . ;67 :
$" ;6#!7 :

#% > B
-# <= ;?
"$#% : @
#*'% ? B
2
"+&(". !
 
    
  

  
   

"# 
%/ 
 
"
/$
%"
%!".
"
' .
$"

#%
-#
"$#%
#*'%
3
"+&("&"'25 
*%$ *&
4, +%("

*%$ *&
'
"!$ #.!"'
+%("

'
"!$ #.!"'

!"

4
',#* .#* '##1
4,

!"
#*"'%&'

  
 
     
 
 
   
  
  
  
  
 

  

  
  
 

  
  
  

6
%%'#*"'%&1
4,

!"
7
  
  
; < :
< == :
= >: :
> ; :
? ; :
@ ; :
A : :
B == :
C : =
;: : ;
;; : B
;< : =;
;= : >;
;> : >A

8
  
  
;
<
=
>
?
@
A
B
C
;:
;;
;<
;=
;>

9
%%'#*"'%&1
;>

;= ;<
;;

C
;:
A
>
B @?

;

<
=

10
"+&(".'
•  ,""%&%1

11
#*"'%&
 & 
 
  '   

 (  


 )  
 *  
  +  
   , 

   -  

  .  
 &%  
 && 

 ! " &'  
  &(  
  &)  

12
MIT OpenCourseWare
https://ocw.mit.edu

15.014 Applied Macro- and International Economics II


Spring 2016

For information about citing these materials or our Terms of Use, visit: https://ocw.mit.edu/terms.

You might also like