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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.


Definitions:

Anaphase II

A stage of meiosis II where sister chromatids are pulled apart by the spindle fibers and move toward opposite poles of the cell.

Synapsis

The pairing of two homologous chromosomes that occurs during meiosis, allowing for the exchange of genetic material between them.

Prophase I

The first stage of meiosis I where chromosomes condense, homologous chromosomes pair, and crossing-over can occur, enhancing genetic diversity.

Midplane

An anatomical term referring to an imaginary line or plane that divides the body into equal right and left halves.

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