1. In the ISLM model, which of the following causes income to decline and the interest rate...

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1. In the IS–LM model, which of the following causes income to decline and the interest rate to rise?

a. an increase in taxes

b. a decrease in taxes

c. an increase in the money supply

d. a decrease in the money supply

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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