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Roar Roar
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6 years ago
If the IS curve is relatively steep, then
A) there can be no long-run tradeoff between inflation and unemployment.
B) monetary policy cannot be very effective in changing GDP.
C) rational expectations theory is probably correct.
D) Ricardian equivalence most likely holds.
E) budget deficits will not affect future capital accumulation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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#1
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6 years ago
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Roar Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kater28
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Yesterday
Smart ... Thanks!
Gamiung3657
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2 hours ago
Thanks for your help!!
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