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Z=1000+0.6Y-1000i (C,I, and G are just combined into one expenditure) (M/P)d=0.5Y (M/P)s=1000

1. Derive and draw the IS schedule

2. Derive and, on the same diagram as (a), draw the LM schedule

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91233282

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