In the IS-LM Model,equilibrium Income Can Be Affected by

question 6

Multiple Choice

In the IS-LM model,equilibrium income can be affected by

• A)fiscal policy alone.
• B)monetary policy alone.
• C)both fiscal and monetary policy.
• D)neither monetary nor fiscal policy.

---

Definitions:

Canada-U.S. Border

The international boundary between Canada and the United States, stretching over 5,525 miles, including land and water boundaries.

Society's Quality

The overall condition and well-being of a society, often assessed by factors like health, education, and income.

General Health

The overall state of physical, mental, and social well-being of an individual, not merely the absence of disease or infirmity.

Population Age

The median age of individuals in a given population, which can affect societal structures and needs.