Suppose the IS curve shifts back and forth. With a steep LM curve you get __________ variability in the interest rate and __________ variability in output than you get with a flat LM curve

In the market for international loans, most countries, including the United States, are net borrowers

Indicate whether the statement is true or false

An example of an externally generated business cycle is the war-induced theory

Indicate whether the statement is true or false