Question: Question # 3 a.Derive the aggragate demand curve using IS-LM framework b.Illustrate the impacts of contractionary fiscal policy and tight monetary policy on the aggregate

Question # 3

a.Derive the aggragate demand curve using IS-LM framework

b.Illustrate the impacts of contractionary fiscal policy and tight monetary policy on the aggregate demand curve using IS-LM framework.

c.Critically analyze the impact of lockdown due to COVID-99 on aggregate demand using IS-LM model.

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