Which of the following will be TRUE if real income rose and the-08811
Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.6.
Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?
IS curve must be vertical.
LM curve must be vertical.
Central Bank must have increased the money supply at the same time.
Central Bank must have decreased the money supply at the same time.