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2.3. IS-LM model (open economy ) without international capital flows

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Chapter 5: IS-LM Model

Chapter 5: IS-LM Model. Equilibrium in goods market: IS curve Equilibrium in financial market: LM curve Monetary policy Fiscal Policy Monetary and Fiscal Policy mix. Deriving the IS curve. The IS curve shows all the eq. points in the goods market for different interest rates!.

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2.3. IS-LM model (open economy ) without international capital flows

Chapter 5: IS-LM Model