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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