Solved

In the IS-LM Model, Policy Is Said to Be Ineffective

Question 31

Multiple Choice

In the IS-LM model, policy is said to be ineffective in the long run because it cannot change

A) the price level.
B) output.
C) the interest rate.
D) all of the above.

Related Questions

Q26: The AD curve<br>A) represents IS-LM equilibrium points.<br>B)

Q27: If money is neutral, then a tax

Q28: A decrease in output shifts the LM

Q29: An increase in taxes causes equilibrium output

Q30: The IS-LM model predicts that policy makers

Q32: If financial panics are the greatest concern

Q33: The IS-LM model implies that output always

Q34: Show the effect of an increase in

Q35: If the IS curve is unstable, output

Q36: Any shift in IS or LM has