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Suppose that the economy is in a recession and assume that

Suppose that the economy is in a recession and assume that the IS curve is relatively steep while the LM is relatively flat. If you were to advise the policy makers on which action to take, what would be your advice? Show the results graphically with explanation.

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Business Economics: Suppose that the economy is in a recession and assume that

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Business Economics: Suppose that the economy is in a recession and assume that

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