Changes in the is curve and the lm curve

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The US Congress wants to increase US GDP and income Y. If the government goes and increases autonomous government pending, explain what will happen to: (1) the interest rate; (2) the level of investment spending in America; (3) the level of GDP; (4) the level of money demand; (3) the U.S interest rate; (4) the level of U.S. Investment spending. In your answer, please draw the changes in the IS Curve and the LM Curve if there are any

Reference no: EM131962047

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