ECON 2 Lecture Notes - Lecture 19: Devaluation, Xm Satellite Radio, Money Supply
5 views3 pages
27 Aug 2020
School
Department
Course
Professor
Get access
Grade+
$40 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers
Related Documents
Related Questions
1.In the IS-LM model, if there is a positive exogenous shock to investment, what happens to income (Y) and the rate of interest (r)
? r rises, Y rises
r rises, Y falls
r falls, Y rises
r falls, Y falls
In the IS-LM model, if there is a positive exogenous shock to consumption, and the fiscal authority wants to stabilize output, what policy could it undertake?
increase money supply | ||||||||||||||
reduce government expenditures | ||||||||||||||
reduce taxes | ||||||||||||||
decrease money supply and taxes at the same time In an usual IS-LM framework, the government increases taxes and government expenditures simultaneously. Which direction does the IS curve shift?
|