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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 16, Problem 5CQQ
Textbook Problem

If the central bank in the preceding question instead holds the money supply constant and allows the interest rate to adjust, the change in aggregate demand resulting from the increase in government purchases will be

a. larger.

b. the same.

c. smaller but still positive.

d. negative.

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Chapter 16 Solutions

Brief Principles of Macroeconomics (MindTap Course List)
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