Along any IS curve
A) both government spending and expectations are fixed.
B) government spending and the price level may vary.
C) consumption and the price level are fixed.
D) both government spending and tax rates may vary.
E) all of the above
Correct Answer:
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Q17: List three changes in exogenous variables that
Q18: Household consumption likely depends upon accumulated wealth
Q19: If savings becomes more interest rate elastic,what
Q20: In the Keynesian money market,velocity is
A)negatively related
Q21: The IS curve represents
A)equilibrium in the money
Q23: According to Keynes,the speculative demand for money
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