in the IS-LM model when comparing the result of an expansionary monetary policy to an expansionary fiscal policy
June 7th, 2024
in the IS-LM model when comparing the result of an expansionary monetary policy to an expansionary fiscal policy:1. in both instances the demand for goods and the level of output are higher2. for monetary policy investment spending is higher while for fiscal policy it is lower3. for monetary policy the interest rate is lower while for fiscal it is higher4. all of the above5. none of the above