Question
N1 In the short-run IS-LM model, when the Bank of Canada decreases the money supply, the interest rate ______, leading to a(n) ______ in investment,
N1
In the short-run IS-LM model, when the Bank of Canada decreases the money supply, the interest rate ______, leading to a(n) ______ in investment, while income and consumption______. a.rises; decrease; both increase. b.falls; decrease; both increase. c.rises; decrease; both decrease. d.rises; increase; both decrease
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International Economics
Authors: Dominick Salvatore
12th edition
9781118955727, 1118955765, 1118955722, 978-1118955765
