Describe the policy mix that would result in each of the following situations. a. The interest rate

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Describe the policy mix that would result in each of the following situations.

a. The interest rate decreases, investment increases, and the change in aggregate output is indeterminate.

b. Aggregate output increases, and the interest rate change is indeterminate.

c. The interest rate increases, investment decreases, and the change in aggregate output is indeterminate.

d. Aggregate output decreases, and the interest rate change is indeterminate.

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Principles Of Macroeconomics

ISBN: 9780374146412

10th Edition

Authors: Karl E. Case, Ray C Fair, Sharon C Oster

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