Solved

According to the Modern Keynesian View

Question 25

Multiple Choice

According to the modern Keynesian view,


A) both the IS and the LM curve slopes are in the intermediate or normal range,where both monetary and fiscal policies are effective in controlling income.
B) only the IS curve slope is in the intermediate or normal range and,therefore,only fiscal policy is effective in controlling income.
C) only the LM curve slope is in the intermediate or normal range and,therefore,only monetary policy is effective in controlling income.
D) neither the IS nor the LM curve slopes are in the intermediate or normal range and,therefore,neither monetary nor fiscal policies are effective in controlling income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents