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Show the General Equilibrium using the IS-LM model (also show the FE line). Clearly label all curves and both axes. Show the equilibrium output and
Show the General Equilibrium using the IS-LM model (also show the FE line). Clearly label all curves and both axes.
Show the equilibrium output and real interest rate (Y* & r*) in an economy that is below full-potential. Use the IS-LM model and clearly label all curves and both axes.
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