Examlex
If the Fed's goal is to keep the interest rate fixed,a contractionary fiscal policy must be accompanied by ________ monetary policy that shifts the LM curve to the ________.
Gross Savings
The total amount of savings generated by an economy before accounting for depreciation costs.
Personal Savings
The portion of disposable income not spent on consumption but kept aside for future use or emergencies.
Business Savings
Business Savings refers to the portion of a business's profits that are set aside for future investment, as opposed to being distributed to shareholders or used for current expenses.
Government Savings
Funds accumulated by a government when it receives more money from taxes and other revenues than it spends.
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