Business, 17.01.2021 23:00 boneyke3720

Based on understanding of the IS-LM model that takes into account dynamics, a fall in bank rate policy will cause Select one:
a. a no change in interest and increase in output.
b. a decrease in interest and no change in output
c. an increase in interest and decrease in output
d. a decrease in interest and increase in output

= a decrease in interest and increase in output

Answers: 1

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Based on understanding of the IS-LM model that takes into account dynamics, a fall in bank rate poli...