Define general equilibrium and show the general equilibrium point in the IS-LM diagram. If the economy is
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General equilibrium is a situation in which all markets in an economy are simultaneously in e...View the full answer
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Related Book For 
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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