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For each of the following headlines, use the IS-LM model to explain how the news would be expected to affect GDP in the short run.

For each of the following headlines, use the IS-LM model to explain how the news would be expected to affect GDP in the short run. Make sure to point out whether the IS curve and/or the LM curve would shift, and in what direction. "New Thai cabinet approves higher spending, larger budget deficit for fiscal year 2024

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