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Business, 25.03.2020 05:12 benjaminmccutch

According to the IS-LM model, what happens in the short run to the interest rate, income, consumption, and investment under the following circumstance? Draw the IS-LM model and show the results in each case. Indicate the shifts and explain why you got those results. a. The central bank increases money supply. b. The government increases government purchases. c. The government increases taxes. d. The government increases government purchases and taxes by equal

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