In the Long-Run the ISLM Model Predicts That ________ Can

question 46

Multiple Choice

In the long-run the ISLM model predicts that ________ can change real output.

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

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Definitions:

Personal Power

An individual's ability to influence others based on their personal attributes or qualities, rather than formal authority or position.

Referent

In leadership and social influence contexts, referent power is an individual's ability to influence others based on the strength of their relationship and personal traits that others admire or desire.

Information

Data that is processed, organized, or structured in a given context to make it meaningful or useful.

Perceived

Regarded in a certain way; seen or understood from an individual's viewpoint.