In the IS-LM model, equilibrium income can be affected by
A) fiscal policy alone.
B) monetary policy alone.
C) both fiscal and monetary policy.
D) neither monetary nor fiscal policy.
C
You might also like to view...
Use the above table. The income elasticity of artisan bread is
A) 1.285. B) 0.780. C) 0.012. D) 8.330.
The slope of an upward-sloping line is positive, and the slope of a downward-sloping line is negative
a. True b. False Indicate whether the statement is true or false
____________________ is when a firm is able to produce along its expansion path
Fill in the blank(s) with the appropriate word(s).
Which of the following is a positive incentive?
A. A school teacher decides to retire and focus on gardening. B. A business decides to leave the industry. C. McDonalds decides to offer a white chocolate mocha. D. Discover credit cards offer 0 percent balance transfer rates for someone to open a new account.