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Which of the Following Is Not a True Statement

Question 19

Multiple Choice

Which of the following is not a true statement?


A) The higher the income level, the lower interest rates must be for goods market equilibrium.
B) The higher the income level, the higher interest rates must be for money market equilibrium.
C) The higher the income level, the lower the interest rate must be for external balance to be achieved.
D) Equilibrium occurs at the intersection of the IS, LM, and BP curves.

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