With Respect to the IS Curve for a Small Open

Multiple Choice

With respect to the IS curve for a small open economy

A) higher levels of the real interest rate are consistent with higher levels of real output.
B) higher levels of the real interest rate are consistent with lower levels of real output.
C) any value of real output is consistent with the equilibrium real interest rate.
D) any value of the equilibrium real interest rate is consistent with the equilibrium value of real output.