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Discuss how the actions of the Federal Reserve, specifically an increase or decrease in money supply, affect the other variables represented in the IS/LM model. Is this model a useful tool in setting U.S. monetary policy? Why or why not? Argue and defend your position

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Discuss how the actions of the Federal Reserve, specifically an increase or decrease in money supply, affect the

other variables represented in the IS/LM model. Is this model a useful tool in setting U.S. monetary policy? Why or why not? Argue and defend your position

 
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