Multiple Choice
A decrease in the reserve deposit ratio, 8, will most likely have which of the following effects?
A) A rightward shift in the IS curve.
B) A leftward shift in the IS curve.
C) An upward shift in the LM curve.
D) A downward shift in the LM curve.
E) A downward shift in the IS curve and an upward shift in the LM curve.
Correct Answer:
Verified
Correct Answer:
Verified
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