Fiscal policy will not produce any impact on the income level (a) if the slope of the

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Fiscal policy will not produce any impact on the income level

(a) if the slope of the LM curve is infinite.

(b) if the slope of the LM curve is zero.

(c) if the slope of the LM curve lies between zero and infinity.

(d) if the IS curve is positively sloped.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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Question Posted: Nov 15, 2024 06:00 AM

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Fiscal policy will not produce any impact on the income level (a) if the slope of the

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Macroeconomics

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