ionary aggregate demand oriented fiscal policy leads, ceteris paribus, to a. a short run fall in both income and the price level b. a short run rise in income and a fall in the price level c. no change in the long run equilibrium level of income and to an increase in the price level d. both an increase in the long run equilibrium level of income and an increase in the price level.

ionary aggregate demand oriented fiscal policy leads, ceteris paribus, to a. a short run fall in both income and the price level b. a short run rise in income and a fall in the price level c. no change in the long run equilibrium level of income and to an increase in the price level d. both an increase in the long run equilibrium level of income and an increase in the price level.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter23: Other Topics In Working Capital Management

Section: Chapter Questions

Problem 2Q

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