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31-35 are just comprehensive questions with no previous information, any explanation would be appreciated. Consider the Is-LM model we learned in class. Recall the y-axis

31-35 are just comprehensive questions with no previous information, any explanation would be appreciated.

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Consider the Is-LM model we learned in class. Recall the y-axis is the interest rate and x-axis is the output. 31. Capt) Why is the IS curve a downward sloping curve? 32. (3.\") Why is the LM curve a upward sloping curve? 33. (am) Use IS-LM model to explain how equilibrium output and equilibrium interest change if the government increase the government spending. You only need to explain the direction and don't need to explain the magnitude. 3b. (.3th Use IS-LM model to explain honr equilibrium output and equilibrium interest change if the government supplyr more money. You only need to explain the direction and don't need to explain the magnitude. 35. (am) If the equilibrium output goes up and equilibrium interest rate also goes up in a IS-LM model. How would the household consumption change in the equilibrium? You only need to explain the direction and don't need to explain the magnitude

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