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1. IS-MP model with trade-uncertainty (a) Use the national income accounting identity equation to derive the IS curve with the following equations: CtItGtXtMt=acYt=aiYtb(Rtr)Yt=agYt=axYt=amYt+(YtYt)+(1+)Yt where 0

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1. IS-MP model with trade-uncertainty (a) Use the national income accounting identity equation to derive the IS curve with the following equations: CtItGtXtMt=acYt=aiYtb(Rtr)Yt=agYt=axYt=amYt+(YtYt)+(1+)Yt where 0

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