Interest rate changes have an important side effect on the economy since even a small change in interest rates can significantly change
A) the composition of output demanded
B) the level of private saving
C) the level of consumption
D) the level of government spending
E) none of the above
Correct Answer:
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Q12: Which of the following will NOT cause
Q13: The IS-curve will become flatter if
A)money demand
Q14: Which of the following will occur in
Q15: Which of the following is TRUE as
Q16: The level of investment spending is affected
Q18: In an IS-LM model, any point that
Q19: We can expect the IS-curve to become
Q20: In the IS-LM model, the interest rate
Q21: In an IS-LM model, an increase in
Q22: Which of the following will result in
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