Question: Evaluate the following statements as true/false/uncertain and explain your answer carefully: Please use diagrams and/or algebra, when appropriate. According to the IS-LM model, ceteris paribus,

Evaluate the following statements as true/false/uncertain and explain your answer carefully: Please use diagrams and/or algebra, when appropriate.

  1. "According to the IS-LM model, ceteris paribus, if d2 is low, then fiscal policy will tend to be more effective."

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