In the IS-LM Model, Policy Is Said to Be Ineffective

question 31

Multiple Choice

In the IS-LM model, policy is said to be ineffective in the long run because it cannot change

• A) the price level.
• B) output.
• C) the interest rate.
• D) all of the above.

---

Definitions:

Core Dynamic Patterns

Fundamental behavioral, emotional, or thought patterns that significantly shape an individual's personality or actions.

Private Logic

An individual's unique set of beliefs, attitudes, and assumptions about the self, others, and the world, guiding behavior and perceptions.

Diversity Issues

Concerns or challenges that arise from differences in culture, race, sexuality, gender, and other identities among individuals.

Feminist

A person who supports the advocacy of women's rights on the ground of the equality of the sexes.