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    Macroeconomics Study Set 39
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    Exam 13: The Open Economy Revisited: the Mundell-Fleming Model and the Exchange-Rate Regime
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    What Does the Intersection of the IS and LM Curves
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What Does the Intersection of the IS and LM Curves

Question 17

Question 17

Essay

What does the intersection of the IS and LM curves show? Which quantity do both the IS and LM models assume to be fixed?

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The intersection of the curves...

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