Unformatted text preview: iii) Discuss what determines the position of the LM and its slope. (5 points) iv) Discuss graphically and intuitively the effects of an expansionary monetary policy in the IS-LM model. (5 points)...
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This note was uploaded on 07/25/2008 for the course ECON 330 taught by Professor Minetti during the Spring '08 term at Michigan State University.
- Spring '08
- IS-LM Model