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Question 1: Derive and analyze the IS Curve. Make sure to provide your answer with the relevant graphs and mathematical equations. Question 2: Derive and
Question 1: Derive and analyze the IS Curve. Make sure to provide your answer with the relevant graphs and mathematical equations.
Question 2: Derive and analyze the LM Curve. Make sure to provide your answer with the relevant graphs and mathematical equations.
Question 3: Examine the effect of an increase (decrease) in the price level on the equilibrium y and r on the demand side. Make sure to provide your answer with the relevant graphs and mathematical equations.
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