Using the IS-LM model, explain the effect on the economy of a reduction in autonomous expenditure resulting

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Using the IS-LM model, explain the effect on the economy of a reduction in autonomous expenditure resulting from a cut in public spending by the government.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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Question Posted: Nov 04, 2024 07:01 AM

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Using the IS-LM model, explain the effect on the economy of a reduction in autonomous expenditure resulting from a cut in public spending by the government.
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Using the IS-LM model, explain the effect on the economy of a reduction in autonomous expenditure resulting

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Economics

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