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Based on the IS-LM model, complete the following table. Effects of fiscal and monetary policies. IS shift LM shifts Production Interest rate variation variation Tax
Based on the IS-LM model, complete the following table.
Effects of fiscal and monetary policies. IS shift LM shifts Production Interest rate variation variation Tax rise Come Down Increase in public Come up spending Monetary expansion Tax reduction m None Reduction of public spending Monetary reduction Come downStep by Step Solution
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