The Increase in Income in Response to a Fiscal Expansion

question 122

Multiple Choice

The increase in income in response to a fiscal expansion in the IS-LM is:

• A) always less than in the Keynesian-cross model.
• B) less than in the Keynesian-cross model unless the LM curve is vertical.
• C) less than in the Keynesian-cross model unless the LM curve is horizontal.
• D) less than in the Keynesian-cross model unless the IS curve is vertical.

---

Definitions:

Neulasta

A prescription medication used to prevent infections by increasing white blood cells, commonly used in patients undergoing chemotherapy.

Promotion Decision Process

The series of strategic choices made by a business regarding how best to communicate its products or services to target audiences.

Executing

The stage in project management where the plans and decisions are put into action to accomplish the project's objectives.

Pretesting

The process of testing an advertisement or campaign on a small scale before launching it to a wider audience to assess its effectiveness.