please make sure the answer is correct 100% 2- Draw the IS-LM curves such that the LM curve slopes up and the IS curve slopes down and usethe graph to answer the following questions:d. Is there a crowding-out effect? If yes, explain why.e. Indicate the point at which we have the full effect of the fiscal multiplier.f. Describe economically two cases in which the crowding-out effect is climinated.

d) Considering the situation of expansionary fiscal policy when the government has increased their…

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Economics

please make sure the answer is correct 100%

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government

Section: Chapter Questions

Problem 1WNG

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