In the IS model, assuming that the real interest rate does not change, an increase in ________ leads to an increase in equilibrium saving by households

A) autonomous consumption
B) taxes
C) financial frictions
D) all of the above
E) none of the above

E

Economics

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Not including transactions from the underground economy will tend to ________ GDP, and not including environmental changes caused by pollution will tend to ________ GDP

A) undervalue; undervalue B) overvalue; overvalue C) overvalue; undervalue D) undervalue; overvalue

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An increase in the quantity of money shifts the aggregate demand curve rightward

Indicate whether the statement is true or false

Economics