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Comment on the following statement and back up your argument using an IS-LM graph making sure to label all relevant axes, curves, and points. An

Comment on the following statement and back up your argument using an IS-LM graph making sure to label all relevant axes, curves, and points. "An increase in money supply by the central bank does not affect the government budget surplus since this is a monetary policy change and not a fiscal policy change." (Hint consider both immediate and longer term effects).

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