A) Using the IS-LM model, show graphically and explain the effects of a monetary contraction. What...

A) Using the IS-LM model, show graphically and explain the effects of a monetary contraction. What is the effect on the equilibrium interest rate and level of output?

B) Using the IS-LM model, show graphically and explain the effects of a monetary expansion. What is the effect on the equilibrium interest rate and level of output?

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Rahul Sunny answered 1 month ago

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