checkin12a_Quiz and solutions - Check-in quiz 12 1 2 3 4 5 How does the LM curve respond to a rise in the price level other things equal Use the IS-LM

checkin12a_Quiz and solutions - Check-in quiz 12 1 2 3 4 5...

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Check-in quiz 12
1.How does the LM curve respond to a rise in the price level, other things equal?2.Use the IS-LM model to illustrate the economic impact of a positive IS shock in the short run.3.Use the same model to show what happens in the long run.4.What shock caused the 2001 recession,

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