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

question 58

Multiple Choice

In the long-run ISLM model and with everything else held constant,the long-run effect of an autonomous increase in investment is to ________ real output and ________ the interest rate.

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

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Definitions:

Chain of Command

The chain of command is a hierarchical structure within an organization that outlines the authority and responsibility relationships amongst its members, ensuring clear lines of communication and decision-making.

Distributed System

A system in which computer processing is done across multiple separate machines, connected by a network, allowing for more efficient processing and data handling.

Plasticity

The ability of the brain to change and adapt (in terms of structure and function) in response to experience, learning, or injury.

Alteration

refers to the act or process of changing, modifying, or becoming different, often leading to a new configuration, composition, or condition.