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Draw the lm and Is curve: 1) Determine the points of intersection. 2) What is the effect of higher prices on equilibrium? 3) Show the
Draw the lm and Is curve: 1) Determine the points of intersection. 2) What is the effect of higher prices on equilibrium? 3) Show the effect of the curve on the effectiveness of monetary policy. 4) Explain the effect of the slope of the IM curve on monetary policy
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