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Given IS-LM model, y=a1g-a2r and m-p=ky-hr Q) solve for aggregrate demand using cramers rule and state all assumptions. Also derive the fiscal and monetary policy.

Given IS-LM model, y=a1g-a2r and m-p=ky-hr

Q) solve for aggregrate demand using cramers rule and state all assumptions. Also derive the fiscal and monetary policy.

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