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QUESTION 11 The i5/LM model can be used to explain the shortrun and long-run effects ofa change in economic policy. Explain the process of adjustment

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QUESTION 11 The i5/LM model can be used to explain the shortrun and long-run effects ofa change in economic policy. Explain the process of adjustment from the new short run equilibrium to the long run equilibrium after an increase in government spending

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