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IS-LM and IS-LM-PC models, illustrate graphically and explain the short-run implication of the demand shock and how you anticipate your chosen economy will revert to
IS-LM and IS-LM-PC models, illustrate graphically and explain the short-run implication of the demand shock and how you anticipate your chosen economy will revert to its medium-run equilibrium. Your answer should reference the specific policies which are being pursued by both the central bank and the government in response to the crisis in your chosen country.
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