Use the ISLM diagram to describe the short-run and long-run effects of the following changes on national

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Use the IS–LM diagram to describe the short-run and long-run effects of the following changes on national income, the interest rate, the price level, consumption, investment, and real money balances.
a. An increase in the money supply.
b. An increase in government purchases.
c. An increase in taxes.
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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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