Question: In the IS-LM model a monetary expansion combined with a fiscal expansion will cause: a. A reduction in r with ambiguous effects on Y b.
In the IS-LM model a monetary expansion combined with a fiscal expansion will cause:
a.
A reduction in r with ambiguous effects on Y
b.
An increase in r with ambiguous effects on Y
c.
A reduction in Y with ambiguous effects on r
d.
An increase in Y with ambiguous effects on r
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