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b. Explain how the following steps taken by the government of different countries will affect the output in the short run in their respective countries
b. Explain how the following steps taken by the government of different countries will affect the output in the short run in their respective countries (using the same IS-LM framework):
b1. The mix of food security, increased MGNREGA wages, tax relief and direct cash transfer benefits announced by the Indian government within the economic relief package.
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