Using the is-lm model comment on whether the statement is
Question:
If investment is not responsive to interest rate, fiscal policy will be more effective than monetary policy. Using the IS-LM model, comment on whether the statement is true or false. Support your answer with necessary diagrams
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suppose that the default risk of corporate bonds increases due to a downturn in the economy as a result we would
assume m400 px1and py4 graph the budget constraint with a solid line label both axes and intercepts now assume income
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