Along any given IS curve: a. government spending is fixed, but tax rates vary. b. tax rates are fixed, but government spending vary. c. both government spending and tax rates vary. d. both government spending and tax rates fixed.
Along any given IS curve: a. government spending is fixed, but tax rates vary. b. tax rates are fixed, but government spending vary. c. both government spending and tax rates vary. d. both government spending and tax rates fixed.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government
Section: Chapter Questions
Problem 1WNG
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