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    Macroeconomics Study Set 53
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    Exam 11: Aggregate Demand II: Applying the Is-Lm Model
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    The IS-LM Model Simultaneously Determines Equilibrium in Two Markets
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The IS-LM Model Simultaneously Determines Equilibrium in Two Markets

Question 32

Question 32

Essay

The IS-LM model simultaneously determines equilibrium in two markets.
a. Which two markets?
b. What two variables adjust to bring equilibrium in the markets?

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a. The IS-LM model simultaneously deter...

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