In the Long-Run ISLM Model and with Everything Else Held

question 44

Multiple Choice

In the long-run ISLM model and with everything else held constant,the long-run effect of a contractionary fiscal policy is to ________ real output and ________ the interest rate.

• A)not change;not change
• B)decrease;decrease
• C)decrease;not change
• D)not change;decrease

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Definitions:

Organization's Survival

Organization's survival refers to the ability of an organization to continue operating and meet its goals despite facing challenges or adversity.

Management Philosophy

A set of beliefs or principles that guide managers in their actions and decision-making processes within an organization.

Broad Goals

General objectives that guide an organization or individual's actions without specifying detailed steps or strategies.

Broader Society

Pertains to the larger social system outside of smaller groups or communities, including cultural, economic, and structural dimensions.