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    Exam 11: Aggregate Demand II: Applying the Is-Lm Model
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    One Policy Response to the U
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One Policy Response to the U

Question 42

Question 42

Multiple Choice

One policy response to the U.S. economic slowdown of 2001 were tax cuts. This policy response can be represented in the IS-LM model by shifting the curve to the .


A) LM; right
B) LM; left
C) IS; right
D) IS; left

Correct Answer:

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