420worksheet17 - investment and real money balances a An...

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ECON 420-002 and 004, Fall 2008 Worksheet 17 1. Use the IS-LM diagram to describe the short-run and long-run effects of the following changes in national income, interest rate, the price level, consumption,
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Unformatted text preview: investment, and real money balances: a. An increase in the money supply. b. An increase in government purchases. c. An increase in taxes. d. An increase in price of crude oil....
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