As per IS-LM framework, an increase in government expenditure will result in :-

Group DiscussionCategory: EconomicsAs per IS-LM framework, an increase in government expenditure will result in :-
Pandey Vikash Gautam Staff asked 5 months ago

As per IS-LM framework, an increase in government expenditure will result in :
(1) increase in income and interest rate both.
(2) increase in income only.
(3) decrease in investment and interest rate both.
(4) decrease in income and interest rate both.

1 Answers
Pandey Vikash Gautam Staff answered 5 months ago

(1) increase in income and interest rate both.