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A) assume the liquidity trap exists. Using the appropriate diagram, explain the effects of an increase in money supply by using IS-LM model. (10 marks)
A) assume the liquidity trap exists. Using the appropriate diagram, explain the effects of an increase in money supply by using IS-LM model. (10 marks)
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
