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Please answer the questions below. 1) Explain the quantity theory of money demand and discuss its main hypotheses. 2) Derive carefully the IS curve and
Please answer the questions below. 1) Explain the quantity theory of money demand and discuss its main hypotheses. 2) Derive carefully the IS curve and discuss the determinants of its slope and itsposition. 3) Derive carefully the LM curve and discuss the determinants of its slope and itsposition. 4) Discuss the effects of an expansionary fiscal policy in the IS- LM model
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