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Author Question: As the IS curve becomes flatter, we know that A) a given change in the money supply will cause a ... (Read 31 times)

Wadzanai

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on: Jun 30, 2018
As the IS curve becomes flatter, we know that
 
  A) a given change in the money supply will cause a larger change in output.
  B) a given change in the money supply will cause a smaller change in output.
  C) a given change in the money supply will cause the same change in output.
  D) monetary policy becomes less effective.

Question 2

The steeper is the IS curve,
 
  A) the more effective is monetary policy.
  B) the less effective is monetary policy.
  C) the effectiveness of monetary policy does not change.
  D) a given change in the money supply will have a greater effect on output.


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heyhey123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Wadzanai

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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Reply 3 on: Yesterday
Excellent

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