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5. Use the IS-LM model to discuss the impacts of monetary and fiscal policies in each case, respectively. You have to clearly define axis or

5. Use the IS-LM model to discuss the impacts of monetary and fiscal policies in each case, respectively. You have to clearly define axis or curves and to explain in wor how curves move or shift. (32%) (a) If investment does not depend on the interest rate, the IS curve is vertical

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