If income falls without any change in interest rates, then according t

If income falls without any change in interest rates, then according to the IS-LM model it may be true that:

a. money demand fell and government spending declined.
b. the money supply increased and taxes declined.
c. tight monetary policy and easy fiscal policy.
d. easy monetary policy and easy fiscal policy.

 

ANSWER

D

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00