Question: Use the IS-LM-PC model to explain how the news would be expected to affect GDP in both the short run and in the medium run.
Use the IS-LM-PC model to explain how the news would be expected to affect GDP in both the short run and in the medium run. Make sure to point out whether the IS curve, the LM curve and/or the PC curve would shift, and in what direction.
"Fresh off election victory, Japan PM Kishida lays out plans for $265b fiscal stimulus, requiring new debt"
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