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The graph depicts the U.S. market for money. Suppose there is an increase in income due to a business cycle expansion. 1.) Use the
The graph depicts the U.S. market for money. Suppose there is an increase in income due to a business cycle expansion. 1.) Use the line drawing tool to show the effect on th market for money. Label it "New line'. 2.) Use the point drawing tool to indicate the new equilibrium interest rate and quantity of money. Label the point '2' Carefully follow the instructions above, and only draw the required objects Interest Rate, I Mo Quantity of Money, M
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