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For each of the following policies, explain the impact of the policy on the macroeconomics variables discussed in this class using the IS-LM framework. Assume
For each of the following policies, explain the impact of the policy on the macroeconomics variables discussed in this class using the IS-LM framework. Assume that a certain government decides to undertake the following fiscal policies:
a. a decrease in government spending;
b. a decrease in taxes;
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