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Which of the following is/are true in the classical model of the long run closed economy? 1. An increase in taxes T will shift the

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Which of the following is/are true in the classical model of the long run closed economy? 1. An increase in taxes T will shift the demand of loans schedule to the right. Il. An increase in autonomous investment lo will shift the supply of loans schedule to the right. Select one: A. Only I is true. O B. Only ll is true. C. Both of the above are true. D. None of the above is true. Clear my choice

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