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In the Basic Closed-Economy ISLM Model,as the Interest Sensitivity of Money

question 8

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In the basic closed-economy ISLM model,as the interest sensitivity of money demand increases,fiscal policy has ________ effect on output and monetary policy has ________ effect on output.


Definitions:

Behavior Therapy

A type of psychotherapy that aims to modify negative behaviors and emotional responses through reinforcement strategies and conditioning.

Functional Analysis

A method used in behavioral psychology to identify the antecedents and consequences of a behavior in order to understand its purpose or function.

Suicide

The deliberate act of taking one's own life.

Hispanic Male

A male individual who identifies culturally or ethnically with a Spanish-speaking background, often related to countries from Latin America or Spain.

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