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The IS-LM model is frequently used to show the impacts of financial and monetary policy.[21] Textbooks as often as possible utilize the IS-LM model, yet

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The IS-LM model is frequently used to show the impacts of financial and monetary policy.[21] Textbooks as often as possible utilize the IS-LM model, yet it doesn't include the intricacies of most current macroeconomic models.[21] Nevertheless, these models actually highlight comparable connections to those in IS-LM.[21]

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