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Real GNP

. . . . . . . . . . . . . . . . . Financial accelerator. rates. Investment. I0. I1(P0). I1(P1). Financialaccelerator. W1. W0. D:demand for funds . S0: supply (cost) of funds. S'?S0. S1. i1. i0. A'. P1. P0. B'. A. B. B. AB=A'B'Same amount borrowed? Same premium. . . . . . . . . . . . . . . . . . F

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Real GNP

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