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Use the IS-LM Model to Answer This Question

question 31

Essay

Use the IS-LM model to answer this question.Suppose there is a simultaneous increase in government spending and reduction in the money supply.Explain what effect this particular policy mix will have on output and the interest rate.Based on your analysis,do we know with certainty what effect this policy mix will have on investment? Explain.


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Equal Pay Act

A law aimed at abolishing wage disparity based on sex by ensuring equal pay for equal work among men and women.

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