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C=100+0.50Y Ip=100-20r Mt=0.10Y Ms=100-10r M=80 With the given data, please help me understand how to described (graphically or verbally) the IS-LM functions. describe (graphically or
C=100+0.50Y
Ip=100-20r
Mt=0.10Y
Ms=100-10r
M=80
With the given data, please help me understand how to
- described (graphically or verbally) the IS-LM functions.
- describe (graphically or verbally) the shift of the IS-LM function when Investments increase by 100 units.
- Describe each of the four areas defined by the IS-LM function.
- Use at least one example in the essay.
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