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:

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The approval of a social group or society, often based on adherence to group norms or standards.

Attraction

Anything that draws two or more people together, making them want to be together and possibly to form a lasting relationship

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics such as increased muscle and bone mass, and the growth of body hair.

Serotonin

Definition: A neurotransmitter that plays a key role in mood regulation, digestion, sleep, and other bodily functions, often associated with feelings of happiness and well-being.