Question
Use the IS-LM diagram to describe both the short-run effects and the long-run effects of the following changes on national income, the interest rate, the
Use the IS-LM diagram to describe both the short-run effects and the long-run effects of the following changes on national income, the interest rate, the price level, consumption, investment, and the real money balances in:
A). A decrease in the money supply
B). A decrease in taxes
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
