In the IS-LM Analysis (And Ignoring the BP Curve), If

Multiple Choice

In the IS-LM analysis (and ignoring the BP curve) , if the economy is located at a point that is to the left (or below) the IS curve and also to the left (or above) the LM curve, there is __________ pressure in the real sector of the economy as well as an excess __________ money.

A) expansionary; demand for
B) expansionary; supply of
C) contractionary; demand for
D) contractionary; supply of