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Derive the Yd curve in the short-run Keynesian model with sticky wages. (b) Next, explain and diagrammatically represent the change in the Yd curve as

Derive the Yd curve in the short-run Keynesian model with sticky wages. (b) Next, explain and diagrammatically represent the change in the Yd curve as a result of each of the following: i. a decline in autonomous money demand ii. a decrease in taxes

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