The fiscal stimulus package of 2009 caused the IS curve to shift to the left, since output

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“The fiscal stimulus package of 2009 caused the IS curve to shift to the left, since output decreased and unemployment increased after the policies were implemented.”

Is this statement true, false, or uncertain?

Explain your answer.

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The Economics Of Money Banking And Financial Markets

ISBN: 978-0134376936

6th Canadian Edition

Authors: Frederic S Mishkin ,Apostolos Serletis

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Question Posted: Nov 14, 2024 03:01 AM

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The fiscal stimulus package of 2009 caused the IS curve to shift to the left, since output

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The Economics Of Money Banking And Financial Markets

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