In the IS-LM model,when government spending and taxes increase by the same amount
A) income and interest rates remain unchanged.
B) interest rates and income rise.
C) interest rates and income fall.
D) changes in interest rates are indeterminate but income rises.
E) none of the above.
Correct Answer:
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Q34: A deficit-financed tax cut will _ national
Q35: Based on current budget projections,in the U.S.over
Q36: Measuring the size of future government deficits
Q37: Which of the following statements is (are)correct?
A)Rational
Q38: Advocates of the public-choice view argue that
Q40: From the net tax function: T =
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A)encourage overly expansionary fiscal
Q42: During the 2000s,the Federal government's deficit rose
Q43: Assume that the total deficit is $100
Q44: During a recession the:
A)actual budget deficit is
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