The long run effect of a tax cut in the IS-LM is to: Not affect either...
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The long run effect of a tax cut in the IS-LM is to: Not affect either the interest rate and the real output Not affect the interest rate and increase the real output Increase both interest rate and real output O Increase the interest rate and not affect real output The long run effect of a tax cut in the IS-LM is to: Not affect either the interest rate and the real output Not affect the interest rate and increase the real output Increase both interest rate and real output O Increase the interest rate and not affect real output
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Fiscal policy has no direct effect on the LM curve Incr... View the full answer
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-1259917028
8th edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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