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Business, 16.11.2019 03:31 lasagnafoe

Building the is–lm mode

in the graphs below, indicate the effects of the policy changes described, assuming a marginal propensity to consume (mpc) of 2/3. in each case, first shift the planned expenditure curve to its correct position. then move point a to the new equilibrium to indicate the new level of output (y). be sure to use the appropriate multiplier formula, depending on whether the change is a change in spending or a change in taxes.

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Building the is–lm mode

in the graphs below, indicate the effects of the policy changes...
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