11. If the nightward hift of the IS curve is the result an increase in government spending the increase in the level of output from YO to Y2... a) b) is equal to the increase in government spending. is greater than the increase in government spending is smaller than the increase in government spending. c)

11. If the nightward hift of the IS curve is the result an increase in government spending the increase in the level of output from YO to Y2... a) b) is equal to the increase in government spending. is greater than the increase in government spending is smaller than the increase in government spending. c)

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 1.7P

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