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SS388 TEE
| Question | Answer |
|---|---|
| Beneficial Supply Shock | FE right |
| Increase Labor Supply | FE Right |
| Increase Capital stock | FE Right |
| Expected Future output | IS Right |
| Wealth | IS Right |
| Gov Purchases | IS Right |
| Taxes | No Change (ricardian), or IS Left |
| Expected future MPK | IS Right |
| Tax rate on capital | IS left |
| Increase money supply | LM Right |
| Increase Price Level | LM Left |
| Increase expected inf | LM Right |
| Interest rate on money increases | LM Left |