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1. According to the lS-LM model, what happens in the short run to the interest rate, income, consumption and investment under the following circumstances. (use

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1. According to the lS-LM model, what happens in the short run to the interest rate, income, consumption and investment under the following circumstances. (use graphs) a. The central bank increases the money supply b. The government increases government purchases c. The government increases taxes d. The government increases government purchases and taxes by equal amounts

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